About Nigeria Car Mart
Nigeria Car Mart is a company based in Lagos (Nigeria) founded in 2010. It operates as a Marketplace, and B2C. Nigeria Car Mart offers products and services including Used Cars Marketplace and Free Ad Posting. Nigeria Car Mart operates in a competitive market with competitors including Autocheck Africa, ChekiNigeria, Boulos Enterprises, Carsplenty and Kwilist, among others.
- Headquarter Lagos, Nigeria
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Sectors
RetailTransportation, Automotive & Logistics
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Website
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Social
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Annual Revenue
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Products & Services of Nigeria Car Mart
Nigeria Car Mart offers a comprehensive portfolio of products and services, including Used Cars Marketplace and Free Ad Posting. 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.
Online service for listing and buying used vehicles in Nigeria
Feature for users to post and view car sale ads easily
Funding Insights of Nigeria Car Mart
| 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 Nigeria Car Mart
| 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 - Nigeria Car Mart
| 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 |
Nigeria Car Mart Comparisons
Competitors of Nigeria Car Mart
Nigeria Car Mart 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 Autocheck Africa, ChekiNigeria, Boulos Enterprises, Carsplenty and Kwilist, 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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| domain | founded_year | HQ Location |
Platform for vehicle loan
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| domain | founded_year | HQ Location |
Cars are bought and sold through an online platform.
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| domain | founded_year | HQ Location |
Two-wheelers and four-wheelers are sold via an online platform.
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| domain | founded_year | HQ Location |
Operates a digital platform for buying and selling cars in Nigeria.
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| domain | founded_year | HQ Location |
Operates a video-based classified platform for buying and selling used cars.
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| domain | founded_year | HQ Location |
An online listing platform for used vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Nigeria Car Mart
When was Nigeria Car Mart founded?
Nigeria Car Mart was founded in 2010.
Where is Nigeria Car Mart located?
Nigeria Car Mart is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Nigeria Car Mart do?
NigeriaCarMart.com is an online platform that enables users to buy and sell used cars through free ad postings. It offers browsing by make, model, price, and location across Nigerian cities. The site serves individual buyers and sellers, facilitating transactions with features like vehicle filters and regional searches. Based in Nigeria, it connects over 680,000 monthly users for automotive deals, emphasizing ease and accessibility without promotional bias.
Who are the top competitors of Nigeria Car Mart?
Nigeria Car Mart's top competitors include Autocheck Africa, ChekiNigeria and Boulos Enterprises.
What products or services does Nigeria Car Mart offer?
Nigeria Car Mart offers Used Cars Marketplace and Free Ad Posting.