Co-founder and COO of CarsDB, Ko Wai Phyo Kyaw, is noticing that business success thanks to a changing market and how customers are purchasing cars in Myanmar. With the recent changes online car classifies are prepared to take over new portions of the marketplace like financing and insurance.
With the recent policy shift away from importing right-hand-drive vehicles, buyers have begun exploring car options in the left-hand-drive segment of the market. “And thanks to the introduction of competitive financing options, we are also seeing more brand new vehicles being sold,” Ko Wai Phyo Kyaw told The Myanmar Times.
Those changes in demand also come at a time when the number of Internet users in Myanmar has surged, backed by faster connections and cheaper access to SIM cards and mobile phones.
The new environment is the perfect set-up for CarsDB, which is Myanmar’s first and largest digital automobile classifieds site.
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