About Carmerce
Carmerce is a company based in Yongin (South Korea) founded in 2022. It operates as a Two-Sided Marketplace. Carmerce has completed 1 acquisition, including AJ Selfie. Carmerce offers products and services including Used Car Buying and Used Car Selling.
- Headquarter Yongin, South Korea
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Carmerce
Carmerce offers a comprehensive portfolio of products and services, including Used Car Buying and Used Car Selling. 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.
Used cars are bought through non-face-to-face negotiations.
Used cars are sold at competitive auction prices.
Funding Insights of Carmerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Investments & Acquisitions by Carmerce
Carmerce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AJ Selfie. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online used car distributor
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Carmerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
Carmerce Comparisons
Competitors of Carmerce
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Carmerce
When was Carmerce founded?
Carmerce was founded in 2022.
Where is Carmerce located?
Carmerce is headquartered in Yongin, South Korea. It is registered at Yongin, Gyeonggi, South Korea.
What does Carmerce do?
Carmerce is managed as a digital platform for buying and selling used cars in South Korea. Transactions are facilitated through non-face-to-face negotiations and auctions, ensuring competitive pricing. Services are provided with transparency, including vehicle performance guarantees and refund policies for buyers. The platform is designed to cater to both individual buyers and sellers in the automotive sector.
What products or services does Carmerce offer?
Carmerce offers Used Car Buying and Used Car Selling.
How many acquisitions has Carmerce made?
Carmerce has made 1 acquisition, including AJ Selfie.