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.
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