Click to enlarge

We loan because...
The objective is to build the largest auto platform. We acquired XEOTO be cause they were very good in the new car category while XEOTO is leading in the used car platform.
www.xeoto.com.vn/news

About us
What is the objective behind buying Xeoto.com.vn?
The objective is to build the largest auto platform. We acquired XEOTO be cause they were very good in the new car category while XEOTO is leading in the used car platform.
So, we will now lead in both new and used cars. It gives us strong leadership in new and used classifieds and the largest dealer network in the country. That's why we made the acquisition.
- How will your platform be different from that of established players such as Xeoto.com.vn?
Xeoto.com.vn sells only new cars now. As of now, 70% of all online auto buyers either come to XEOTO or Xeoto.com.vn. OTO will have to get the users. We have 32-million unique visitors every month. I think, it will take a long time to build that number.
I think they are vertical and horizontal, dealing in electronics to cars. But we are focused on automobiles -both used and new vehi cles. I think we have got a lot more depth in our platform than they do.
- Do you think this business model will turn profitable?
Yes, we will be able to be profitable.Even now, we are able to make operating profits. There is a market cost, but we make profit at the operating level. In the next three years, for further expansion of business, we will go for listing on Vietnamese stock exchanges.
www.xeoto.com.vn/mua-ban

Location: Vietnam       Team website

 

Latest Messages  

0 messages. Join the team to get in on the action!

Team Activity

This team has not made any loans in the past 90 days that are currently raising funds. Check back soon or make a loan!

Impact   Updated Hourly

1
Team Members
$0
Amount Funded
0
Loans
0.0
Loans per member