About Wapcar
Wapcar is a company based in Kuala Lumpur (Malaysia) founded in 2019 was acquired by Carsome in May 2022.. Wapcar operates in a competitive market with competitors including Carro, iCarAsia, MUV Xchange, Caricarz and EzAuto, among others.
- Headquarter Kuala Lumpur, Malaysia
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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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Funding Insights of Wapcar
| 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 Wapcar
Wapcar has secured backing from 1 investor. Prominent investors backing the company include Carsome. 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 cars are traded via an app-based C2B marketplace.
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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 Wapcar
| 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 - Wapcar
| 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 |
Wapcar Comparisons
Competitors of Wapcar
Wapcar 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 Carro, iCarAsia, MUV Xchange, Caricarz and EzAuto, 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 |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
Used cars are listed online for browsing and seller contact.
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| domain | founded_year | HQ Location |
Provides an auction platform for buying and selling pre-owned vehicles.
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| domain | founded_year | HQ Location |
Online listing platform for used cars
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| domain | founded_year | HQ Location |
An online platform for listing and buying used and new cars.
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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 Wapcar
When was Wapcar founded?
Wapcar was founded in 2019.
Where is Wapcar located?
Wapcar is headquartered in Kuala Lumpur, Malaysia.
What does Wapcar do?
Wapcar was established in 2019 in Kuala Lumpur, Malaysia, as an online marketplace in the automotive sector. Cars are bought and sold through the platform, which connects users across the region. Operations are centered on facilitating transactions via the domain wapcar.my, with services including vehicle listings and buyer-seller interactions. The focus remains on the Malaysian market, supporting digital access to automotive trading.
Who are the top competitors of Wapcar?
Who are Wapcar's investors?
Wapcar has 1 investor. Key investors include Carsome.