About CarAdvice
CarAdvice is a company based in Sydney (Australia) founded in 2006 by Alborz Fallah. It operates as a Marketplace, and B2C. CarAdvice offers products and services including Car News Service, Review Platform, and Marketplace Tool. CarAdvice operates in a competitive market with competitors including Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, among others.
- Headquarter Sydney, Australia
- Founders Alborz Fallah
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Sectors
RetailMedia & Entertainment
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Social
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Products & Services of CarAdvice
CarAdvice offers a comprehensive portfolio of products and services, including Car News Service, Review Platform, and Marketplace Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers updates on car launches and industry news.
Offers expert car reviews and ratings for buyers.
Facilitates buying and selling of new and used vehicles.
Funding Insights of CarAdvice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by CarAdvice
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CarAdvice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Caradvice Comparisons
Competitors of CarAdvice
CarAdvice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital media platform for motoring enthusiasts
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Auto-related information is provided via an online platform.
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Community platform for auto enthusiasts
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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Mobile app for automobile information
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| domain | founded_year | HQ Location |
Car reviews and dealer price comparisons are facilitated online.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Caradvice
Frequently Asked Questions about CarAdvice
When was CarAdvice founded?
CarAdvice was founded in 2006.
Where is CarAdvice located?
CarAdvice is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does CarAdvice do?
Drive is an Australian online platform focused on delivering car news, expert reviews, ratings, and specifications. It operates as a digital marketplace for buying and selling new and used cars, connecting users with dealers across various states. The site includes advice on car types, finance guides, and community features, serving car enthusiasts and buyers with neutral, informative content.
Who are the top competitors of CarAdvice?
CarAdvice's top competitors include Drivetribe, Bitauto and ZigWheels.
What products or services does CarAdvice offer?
CarAdvice offers Car News Service, Review Platform, and Marketplace Tool.