Petaling Jaya, Malaysia
SpareXHub is an e-commerce entity founded in 2018 in Malaysia. The company's vision is to become the global aggregator of genuine auto spare parts for premium car brands. With a focus on rethinking the traditional spare parts business by integrating technology, SpareXHub aims to connect buyers with suppliers while helping car owners reduce their total cost of ownership and suppliers minimize inventory holding costs. The company's mission is to make a mark in the industry over the course of the decade and to work towards environmental sustainability by repurposing auto spare parts to reduce carbon footprints.
The company's slogan, "Every Part Has A Car," reflects its commitment to providing a well-informed, seamless shopping experience for customers, ensuring guaranteed product performance and convenience. In March 2022, SpareXHub secured a MYR251.00K Pre Seed Round investment from ScaleUp Malaysia, Quest Ventures, and MRANTI Malaysia.
SpareXHub's strategic approach to leveraging technology in the e-commerce space, coupled with its focus on sustainable practices, presents an attractive proposition for potential investors seeking exposure to the auto spare parts market and the broader e-commerce industry.
