The CarDekho group, one of India’s leading full-stack automotive tech companies, announced the acquisition of Carmudi Philippines, the country’s second largest automotive website.
The acquisition is aligned with CarDekho’s business strategy to expand and fortify its digital footprintacross Southeast Asia. In turn, Carmudi Philippines welcomes the resulting advantages across its operations and technologies.
All employees of Carmudi Philippines will retain their standing as they help bridge the exciting applications of CarDekho technologies into upgrading Carmudi’s website experience for buyers and sellers.
“CarDekho’s backing is a major boost for Carmudi Philippines as we continue to strengthen our position as one of the top automotive platforms in the country.This means addedenhancements in technology, processes, and platform experience. Carmudi is already known for qualitylistings, powerful search, and one-stop convenience but the collaboration with CarDekho is how we push potential for our site visitors. We are keen for buyers and sellers to experience the difference and benefits right away,” said CholoSyquia, chief executive officer, Carmudi Philippines.