Asia

Autohome sees strong revenue despite shaky Chinese auto market

06 March 2019

The Beijing-based company, which operates an online platform for car buyers in China, said its revenue in the three months through December reached $318.2 million, 36 percent higher than in the same period of the prior year, surpassing expectations.

Chinese car-sharing startup, Like Chuxing, fund raises ‘tens of millions’

06 March 2019

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Chinese car-sharing start-up Like Chuxing reportedly has secured “tens of millions” of dollars for its series B+ round of financing from a group of investors including Ant Financial, the fintech unit of Chinese e-commerce giant Alibaba.

Used car market, Autowini, to increase market share in Latin America

05 March 2019

Michael Hunt

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In a report, Autowini is on top of the used vehicle import market in Latin America and has over a 50% market share in Honduras, Guatemala, Georgia, Armenia, and Azerbaijan.

PakWheels' new Car Mela is coming to Karachi, Pakistan

05 March 2019

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To cater to the needs of consumers, PakWheels.com brings the sellers and the buyers under one roof for an exceptional buying and selling experience. PakWheels Car Mela is one such platform.

India: CheckMyGaadi helps consumers inspect used vehicles

05 March 2019

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The startup was founded in 2016 by Delhi-based entrepreneur Ram Jaiswal, who envisioned organising the domestic second-hand car maintenance market.

Gojek to start providing protection insurance program for its drivers

04 March 2019

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Under the scheme, designed in consultation with the National Private Hire Vehicles Association (NPHVA) Singapore, Gojek drivers can enjoy earnings protection coverage of $80 per day.

UAE: New mobile app Cafu ready to help drivers stranded without fuel

04 March 2019

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Rashid Al Ghurair, CEO at Mena Energy Ventures, said: "I am very proud to say that I belong to a country where our leaders believe in innovation as a way of life and in the capability of ambitious young talent who aspire to be leaders in their field..."

OLX Cash My Car grows into ten new cities and launches 50th store

28 February 2019

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OLX Cash My Car plans to expand its operations to have 150 pre-owned car stores by end of 2021 spread across 40 Indian cities.

Alibaba adds bike-sharing carpool services as other companies flounder

28 February 2019

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The regulatory crackdown led to a shortage of cheap rides with strangers in China, but a newcomer is charging full speed ahead to reinvigorate the market.

CarDekho.com signs with new ad agency, launches latest ad campaign

28 February 2019

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The agency has also unveiled its new campaign titled “Chalao Apni”, with a renewed positioning that focuses on the car buying experience of the customer. Created by Leo Burnett, the campaign goes live soon.