Sgcarmat
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Acquisition | ||
N/A | N/A | Growth Equity VC | |
* | $150m Valuation: $150m | Acquisition | |
Total Funding | - |
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EditsgCarMart operates as a comprehensive automotive marketplace in Singapore, catering to a diverse range of clients including individual car buyers, sellers, and automotive service providers. The platform provides extensive listings of new and used cars, detailed car reviews, and a variety of automotive services such as insurance, financing, and maintenance.
Operating in the highly competitive automotive market, sgCarMart leverages its robust online presence to connect buyers and sellers efficiently. The business model is primarily based on advertising revenue from car dealerships and service providers, as well as subscription fees for premium listings and additional services.
sgCarMart generates revenue through multiple streams including listing fees for sellers, advertising fees from automotive businesses, and partnerships with financial and insurance companies. The platform's user-friendly interface and comprehensive database make it a go-to resource for car enthusiasts and everyday consumers alike.
Keywords: automotive marketplace, car listings, car reviews, Singapore, automotive services, car insurance, car financing, car maintenance, advertising revenue, subscription fees.