Launches the new ‘Kayishha’ online used auto marketplace
SellAnyCar.com, the UAE pioneer in online auto marketplaces for used car sales, recently announced that it is expanding into the Saudi Arabia used car buying market with the launch of Kayishha.
Kayishha will integrate the SellAnyCar.com core value proposition and advanced technology engine with an international dealer buying network and auto inspection locations to enable people across the country to sell any make, model or year car in any condition within 30 minutes at fair market value.
The company’s entry into the Saudi market is supported by the recent US$ 35mn investment from Sanabil Investments, a unit of the Saudi Arabia Public Investment Fund, which has recently invested in a number of high-growth technology and e-commerce platforms as part of advancing the national economic diversification strategy.
“We see tremendous opportunity for Kayishha to redefine how used cars are bought and sold in Saudi the same way SellAnyCar.com totally disrupted the UAE used car marketplace,” said Saygin Yalcin, founder and CEO of both SellAnyCar.com and Kayishha.
Through predictive data analytics, the SellAnyCar.com website has a documented ability to assess the fair market value of any car with 92% accuracy, a corporate press release explained
At launch, the company will have locations in high-traffic and easy to access shopping malls and retail centers in Riyadh, Jeddah and Dammam with a rapid expansion plan designed to open more than 100 locations within one year.
