Arab News, Thursday, Sep 3, 2020 | Muharram 15, 1442
SellAnyCar.com expands into Saudi Arabia with plan to create 300 new jobs
Saudi Arabia:
SellAnyCar.com, the
UAE online auto marketplaces for used car sales, is expanding into Saudi Arabia
with the launch of Kayishha.
It aims to operate across the Kingdom allowing people across the country to sell
any make, model or year car in any condition within 30 minutes.
The company’s entry into the Saudi market has been supported by a $35 million
investment from Sanabil Investments, a unit of the Saudi Arabia Public
Investment Fund, which has invested in a number of high-growth technology and
e-commerce platforms.
“We see tremendous opportunity for Kayishha to redefine how used cars are bought
and sold in Saudi the same way SellAnyCar.com totally disrupted the UAE used car
marketplace,” said Saygin Yalcin, founder and CEO of both SellAnyCar.com and
Kayishha. “We’ve taken the pain points out of the process for both the seller
and buyer and effectively leveled the playing field so both parties get what
they most want and need. Dealers can get a daily list of available cars to keep
their lots well stocked. At the same time, the sellers get a simple, stress-free
and transparent way to immediately get fair market value for their cars.”
The company plans to hire more than 300 people across the country over the next
two years, it said in a statement on Wednesday.
It will initially establish centers at malls in Riyadh, Jeddah and Dammam with
plans to open more than 100 locations within one year.
In addition, the company is building a headquarters and customer service center
in Riyadh.
While Kayishha will employ both Saudi nationals and expatriates, the company
will emphasize the hiring of local citizens, particularly in the customer
service center which will be staffed entirely by Saudi nationals, it said.