Sgcarmart logo — Singapore's #1 Car Site. The only place for smart car buyers...

Sgcarmart

Singapore's #1 Car Site. The only place for smart car buyers & sellers.

Founded 2004 Singapore Singapore 97 employees Non Equity Assistance E-Commerce, Automotive

General Information

Company Name Sgcarmart
Founded Year 2004
Location Singapore Singapore +1
Founders / Decision Makers
Team member
Employees 97
Industries E-Commerce, Automotive
Funding Stage Non Equity Assistance
Social

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About Sgcarmart

Sgcarmart is Singapore's leading car platform, boasting over 30,000 listings and the largest database of new and used cars. The platform plays a significant role in driving approximately 70% of all second-hand car transactions in Singapore, with an average of 10 cars sold every hour. With over 1.6 million users monthly, Sgcarmart provides a comprehensive suite of value-added car ownership and transactional services, garnering a 60% penetration rate in its customer segments.

Moreover, Sgcarmart holds a substantial social media presence in Singapore, with 180,000+ highly engaged followers across various platforms. Recognized as Southeast Asia’s most profitable car site, it received non-equity assistance investment from Tribe in March 2019. Established in 2004, the company operates in the E-Commerce and Automotive sectors and holds its headquarters in Singapore. As a subsidiary of the Toyota Group, Sgcarmart continues to solidify its position as the go-to car marketplace in Singapore.

Taxonomy: car platform, car listings, automotive marketplace, used cars, new cars, car ownership, transactional services, automotive social media, car sales, car transactions, Toyota Group, automotive following, automotive site, Singapore brand, award-winning

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1
Investor
27 Mar 2019

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FAQ About Sgcarmart

Singapore's #1 Car Site. The only place for smart car buyers & sellers.
Sgcarmart was founded in 2004.
Sgcarmart is headquartered in Singapore.
Sgcarmart operates in the following industries: E-Commerce, Automotive.
Sgcarmart has approximately 97 employees.
Sgcarmart has completed 1 funding round. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Sgcarmart include Sgcarmart Quotz, Motorpoint, Gocar.be, Araba.com, Engie. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sgcarmart and Sgcarmart Quotz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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