● More than 109,000 daily active users recorded on dubizzle's Motors section in September 2016
● dubizzle's mandatory requirement to post prices is a key contributor to the platform's success and drives transparency in the marketplace
Dubai, UAE – As of September 2016, dubizzle leads the online motors market, with 84% of UAE second-hand car shoppers visiting the platform for their next purchase. The UAE’s leading online classifieds platform owes its success to the users who sell and buy cars on dubizzle due to the platform’s focus on transparency.
dubizzle recorded over 109,000 daily active users on its motors section in September 2016, confirming its position as the number one online second-hand car marketplace in the UAE.
“dubizzle's success is built on creating a highly transparent and liquid marketplace – we invest in developing our platform with the best interests of our users in mind. Other platforms allow sellers to hide asking prices, which encourages consumer exploitation, while dubizzle actively works to create win-win exchanges. In fact, 85% of buyers search by price on dubizzle. Therefore, hiding asking prices hurts sellers as their ads will not prominently appear in search results, leading to fewer and lower quality leads,” commented Jean-Pierre Mondalek, General Manager Motors at dubizzle.
On average, dubizzle’s Motors section receives over 1,000 net new listings per day, which is six times more than the next largest motors platform in the UAE, offering the widest selection of content to the largest motoring audience in the UAE – 40,000 live used car ads and 1.68 million unique visitors per month. In addition, each dubizzle motors ad typically receives its first lead within 30 minutes and over 20 inquiries within 30 days of being posted, ensuring highest liquidity and best return on investment for users. dubizzle also found that on average a car will sell within 30 days of being listed on the platform.
As part of its ongoing investment in features and services that benefit its users, dubizzle has recently partnered with CarReport, an international, independent vehicle history provider on used cars, to provide total transparency across the UAE’s used car market for the first time. Through this first-of-its-kind service, dubizzle aims to empower buyers by providing them with vehicle history and price guides for cars advertised on the platform – creating peace of mind in the used car buying journey. This simultaneously helps sellers by improving the quality of leads received. dubizzle will continue to facilitate fair trade on the platform, offering a quick, easy and accessible marketplace for second-hand cars.
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* Google Trends Report for 2015
** Per SimilarWeb in September 2016
About dubizzle:
dubizzle is the leading classifieds website for users in the United Arab Emirates. Since its launch in 2005, dubizzle has become the number one platform for users to buy, sell, or find anything in their community. A community where underused goods are redistributed to fill a new need, and become wanted again, where non-product assets such as space, skills and money are exchanged and traded in new ways that don’t always require centralized institutions or ‘middlemen’.
dubizzle is an OLX company: OLX is the world’s leading classifieds platform in growth markets and is available in more than 45 countries and over 50 languages. OLX connects local people to buy, sell or exchange used goods and services by making it fast, easy and free for anyone to post a listing through their mobile phone or on the web. Every month, hundreds of millions of people in local markets around the world are already using OLX’s online marketplace to find and sell a wide range of products, including furniture, musical instruments, sporting goods, cars, kids and baby items, motorcycles, cameras, mobile phones, property and much more. OLX operates in fast-growing markets around the globe, where OLX helps people improve their lives through smart person-to-person trade. OLX Arabia has an actively expanding existing presence in the MENA region in Bahrain, Egypt, Kuwait, Lebanon, Oman, Qatar and Saudi Arabia. OLX employs more than 1,200 committed employees worldwide located in places like Bangkok, Buenos Aires, Cape Town, Delhi, Jakarta, Lagos, Lisbon, Manila, Nairobi, Poznan, Rio de Janeiro and São Paulo.
Media enquiries:
Abdallah Touqan
Director PR, Communications & Events
Abdallah@dubizzle.com
+971 55 9866 891
OR
Grayling PR
dubizzle@grayling.com
+971 (4) 360 0527
© Press Release 2016
