Tuesday, December 30, 2014

Junglee to compete with Olx and Gaadi.com

The online price comparison site of Amazon India, Junglee is all set to compete directly with Gaadi.com, OLX and Quikr for pre-owned cars and two-wheelers. 

We will be helping users find the best and cheapest car and two-wheeler available starting Tuesday when we launch our 26th category," said Junglee's general manager and director Mahendra Nerurkar. 

Junglee is partenering India's major Mahindra and Mahindra to start with. The portal will show the image of the vehicle along with the required details such as kilometers it has run, year of make etc. which will help consumers in taking a better decision. 

According to professional services firm Pricewaterhouse Coopers, "The pre-owned car market has accelerated at a CAGR of 15% in the past three years to reach about half the size of the new car market, with sales of up to 1.6 million in a year". 

The trend of online buying and sales of vehicles is emerging very fast, Snapdeal also forayed into selling of Mahindra Scorpio this year and Hero Group also manage to sell about 700 units of two wheelers in GOSF 2014 on Snapdeal itself. 

I am sure that more such deals will be seen in near future. Happy Shopping.

4 comments:

  1. The increasing availability of almost every product online will definitely give a push to the e-commerce industry.

    ReplyDelete
  2. Sorry dude...I just baught a new car ;)

    ReplyDelete

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