Market leaders join forces in Thailand iCar Asia acquires One2Car.com to deliver better results to car buyers and sellers

Automotive Press Releases Monday November 17, 2014 10:18
Bangkok--17 Nov--DC Consultants and Marketing Communications

iCar Asia Limited (ASX:ICQ), owner of ASEAN's number 1 network of automotive portals, including ThaiCar.com and Autospinn.com, today announced it has entered into a merger with Thailand’s largest automotive classifieds site, One2car.com.

One2Car.com has been in the Thailand online automotive classifieds space for over 12 years and consistently attracts an audience of more than 1.2 million Unique Visitors every month. It is estimated that One2car.com delivers approximately 80% of all car buyer leads in greater Bangkok, making it the number 1 automotive classifieds site in Thailand.

"We are extremely excited to welcome the One2Car.com team to the growing iCar Asia Thailand family. Khun Teerawat and his team have done an excellent job in growing the One2Car brand and I’m pleased that our shared vision to enable innovations in making it easier to buy and sell cars in Thailand has driven us to combine our complementary strengths to realise this vision,” said Damon Rielly, CEO of iCar Asia.

Khun Teerawat, CEO of One2Car.com adds, “By aligning ourselves with iCar Asia, we can strategically strengthen our number 1 position in the industry and thus provide even more opportunities to our staff and customers alike. I am very pleased with this opportunity as the cultural fit in approach and vision of both companies promises a bright future for all stakeholders.”

Moving forward, ThaiCar.com and One2Car.com will remain as two separate sites; united by the common purpose to improve the way people buy and sell cars in Thailand.

Latest Press Release

Polyplastics# New DURANEX(R) 532AR PBT Resin Provides Excellent Alkali Stress Crack Resistance for Automotive Market

The Polyplastics Group has announced the introduction of a new polybutylene terephthalate (PBT) resin which delivers excellent alkali stress crack resistance for a range of automotive applications. The new grade, DURANEX(R) 532AR, also exhibits...

E Voucher Available for Mitsubishi Car Owners to Enjoy Car Maintenance Saving at Dealer Outlets Nationwide

Mitsubishi Motors (Thailand) Co., Ltd. brings Mitsubishi car owners special offers contributing to road safety. The customers can enjoy special discount on participating engine oil change by downloading the limited-quantity E Voucher valued THB 250,...

Alliance Ventures Invests in Tekion, the Next-Gen Digital Cloud Platform for Automotive Retail

Investment in US provider of dealership software systems marks a new commitment for digital consumer experience in first year of corporate venture capital fund. Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has...

Photo Release: Mitsubishi Motors Thailand Donated 1 Million Baht Help Victims of Tropical Storm Pa Buk in the South

Mitsubishi Motors (Thailand) Co., Ltd., together with 14 dealers of Mitsubishi Motors in delivering donations of THB 1,000,000 to the provincial governors and officials from local government agencies in the affected provinces, in order to alleviate the...

Volvo reinforces the launch of a full line-up of XCs with a new maintenance service program for 10 years or 100,000 km as a New Year Present to ensure smooth and safe journeys

Volvo is reinforcing its commitment to always putting people first by proudly presenting the new maintenance service program for 10 years or 100,000 km, which doubles the protection currently offered (from 5 years). This extension is being made to ensure...

Related Topics