About MotorWeb
MotorWeb is a company based in Wellington (New Zealand) founded in 1997 by Patrick Costigan was acquired by Trade Me in December 2013.. MotorWeb operates in a competitive market with competitors including Carsales, Pendragon, COYOTE, Turners Automotive Group and The Colonial Motor Company, among others.
- Headquarter Wellington, New Zealand
- Founders Patrick Costigan
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Trade Me Limited
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Funding Insights of MotorWeb
| 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 |
Investors in MotorWeb
MotorWeb has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Trade Me. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Used multi-category products are auctioned online through this platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MotorWeb
| 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 - MotorWeb
| 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 |
Motorweb Comparisons
Competitors of MotorWeb
MotorWeb 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 Carsales, Pendragon, COYOTE, Turners Automotive Group and The Colonial Motor Company, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform for used cars
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking
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| domain | founded_year | HQ Location |
Vehicle dealership and insurance services are provided in New Zealand.
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| domain | founded_year | HQ Location |
Dealership services for automotive vehicles are provided in New Zealand.
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| domain | founded_year | HQ Location |
Online car listing platform in New Zealand
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| 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 MotorWeb
When was MotorWeb founded?
MotorWeb was founded in 1997.
Where is MotorWeb located?
MotorWeb is headquartered in Wellington, New Zealand.
What is the annual revenue of MotorWeb?
Annual revenue of MotorWeb is $114.62M as on Jun 30, 2012.
What does MotorWeb do?
MotorWeb was established in 1997 in Wellington, New Zealand, by Patrick Costigan. Operations are focused on the automotive sector as an online platform for buying and selling new and used vehicles. Services include vehicle listings, dealer connections, and transaction facilitation across the country. The domain motorweb.co.nz serves as the primary access point for users seeking automotive options in the region.
Who are the top competitors of MotorWeb?
Who are MotorWeb's investors?
MotorWeb has 1 investor. Key investors include Trade Me.