Carmudi

Carmudi was founded in Germany in 2013.{{cite web|url=http://ventureburn.com/2013/10/rocket-internet-backed-online-vehicle-marketplace-carmudi-officially-launched/|title= Rocket Internet-backed online vehicle marketplace Carmudi officially launches|author=Ventureburn | date=2013-10-28|accessdate=2014-03-03}} The founding of the company was officially announced at TechCrunch Disrupt Berlin.{{cite web|last1=SiliconEuropeDaily|first1=Charlie|title=ROCKET INTERNET – LAUNCHES CARMUDI AT TECHCRUNCH DISRUPT|url=https://siliconeuropedaily.wordpress.com/2013/10/28/rocket-internet-launches-carmudi-at-techcrunch-disrupt/|website=Silicion Europe Daily|date=28 October 2013|accessdate=7 August 2015}} It amalgamated Carmido (Nigeria), Ubilista (Mexico) and Motors.com (Myanmar) into one umbrella company in October 2013 {{cite web|url=http://innovation-village.com/rocket-internet-rebrands-cars-classifieds-carmido-africa-ubiauto-latin-america-motors-asia-into-carmudi/|title= Rocket Internet rebrands cars classifieds – Carmido (Africa), ubiauto (Latin America) & Motors (Asia) | author=Innovation-Village | date=2013-10-28|accessdate=2014-03-03}} although the latter is still operating under the name motors.com.mm.

In March 2014, Carmudi launched its mobile website.{{cite web|url=http://sg.news.yahoo.com/trade-wheels-conveniently-carmudi-mobile-website-080002170.html/|title= Trade your wheels conveniently with Carmudi's new mobile website |author= Yahoo SG | date=2014-03-06|accessdate=2014-03-11}}

In 2016, Carmudi was renamed Jumia Deals in Africa.{{Cite web|url=https://www.premiumtimesng.com/business/business-news/205835-jumia-unifies-jovago-kaymu-carmudi-others.html|title = Jumia unifies Jovago, Kaymu, Carmudi, others | Premium Times Nigeria|date = 23 June 2016}}

In 2019, Carmudi Philippines was sold to CarDekho Group of India.{{cite news |last1=Mathur |first1=Nandita |title=CarDekho acquires online car classifieds site Carmudi Philippines |url=https://www.livemint.com/companies/news/cardekho-acquires-online-car-classifieds-site-carmudi-philippines-11574945666782.html |access-date=5 March 2023 |work=mint |date=28 November 2019 |language=en}}

In October 2013, Carmudi started its operations in various parts of Asia, Africa and Latin America.{{cite web|url=http://www.techinasia.com/rocket-internet-continues-tear-asia-launch-vehicle-classifieds-platform-carmudi/|title= Rocket Internet continues its tear through Asia with the launch of vehicle classifieds platform Carmudi |author= Tech in Asia | date=2013-10-28|accessdate=2014-03-03}}

By 2014, it launched ventures in Vietnam, Indonesia, Philippines, Cameroon, the United Arab Emirates, Saudi Arabia, Qatar, Sri Lanka, Ivory Coast, Rwanda, Congo, Jordan and Senegal.{{cite web|url=http://www.zawya.com/story/Worlds_fastest_growing_car_classifieds_launches_in_Qatar-ZAWYA20140603065022/|title='World's fastest growing' car classifieds launches in Qatar|author=Zawya |date=2014-06-03|accessdate=2014-06-03}}{{cite web|url=http://www.ameinfo.com/smeinfo/2014/05/13/auto-website-carmudi-makes-roads-into-saudi-arabia/|title=Auto website Carmudi makes roads into Saudi Arabia|author=ameinfo News|date=2014-05-13|accessdate=2014-05-19}}{{cite web|url=http://sg.news.yahoo.com/rocket-internet-real-estate-venture-110041765.html|title=Rocket Internet's real estate venture Lamudi expands into Pakistan and the Philippines|author=Yahoo! News|date=2014-01-30|accessdate=2014-01-31}}{{cite web|url=http://www.dailytimes.com.pk/entertainment/08-Feb-2014/carmudi-pk-ready-to-conquer-pakistani-market|title=Carmudi.pk ready to conquer Pakistani market|author=Daily Times|date=2014-02-08|accessdate=2014-03-03|archive-url=https://web.archive.org/web/20140313001212/http://www.dailytimes.com.pk/entertainment/08-Feb-2014/carmudi-pk-ready-to-conquer-pakistani-market|archive-date=2014-03-13|url-status=dead}}{{cite news|url=https://blogs.wsj.com/middleeast/2014/02/27/rocket-internet-drives-carmudi-to-the-u-a-e/|title= Rocket Internet drives Carmudi to the U.A.E. |author= Wall Street Journal |newspaper= Wall Street Journal | date=2014-02-27|accessdate=2014-03-03}}{{cite web| url=http://www.techinasia.com/rocket-internet-drives-vehicle-marketplace-carmudi-indonesia-philippines/|title=Rocket Internet drives its vehicle marketplace Carmudi into Indonesia and the Philippines|author= Tech in Asia | date=2014-01-24|accessdate=2014-03-12}}{{cite web| url=http://ph.news.yahoo.com/rocket-internet-drives-vehicle-marketplace-010040080.html|title=Rocket Internet drives its vehicle marketplace Carmudi into Indonesia and the Philippines|author=Yahoo News| date=2014-01-24|accessdate=2014-03-12}}

Carmudi’s Asian operations were the result of a €10 million investment from the German Tengelmann Group among others.

As the company is part of the Rocket Internet-Ooredoo deal, its Asian operations are part of the Asia Internet Holding.

In April 2014, after reporting 200% growth a month and a total of 100,000 listings around the world, Carmudi announced a $10 million funding round to expand its operations in Asia. Investors included Tengelmann Ventures, the investment arm of the German retail giant.{{cite web|last1=Shu|first1=Catherine|title=Rocket Internet's Carmudi, A Car Classifieds Site, Grabs $10M In New Funding To Expand In Asia|url=https://techcrunch.com/2014/04/22/rocket-internets-carmudi-a-car-classifieds-site-grabs-10m-in-new-funding-to-expand-in-asia/|website=TechCrunch|date=22 April 2014 |accessdate=5 August 2015}}

Carmudi announced a $25 million second round in February 2015 to gear up its operations in Mexico and several Asian countries. This round included Asia Pacific Internet Group (a joint venture between Rocket Internet and Ooredoo), Holtzbrinck Ventures, Tengelmann Ventures, as well as an undisclosed private investor.{{cite web|last1=Shu|first1=Catherine|title=Rocket Internet-Backed Car Listings Site Carmudi Raises $25M To Fuel Growth In Asia And Mexico|url=https://techcrunch.com/2015/02/17/carmudi-25m/|website=TechCrunch|date=17 February 2015 |accessdate=5 August 2015}}

In July 2014, Carmudi launched a mobile application which is available in the majority of the countries they operate. The app is compatible with all Android devices.{{cite web|url=http://www.techinasia.com/carmudi-rocket-internet-stefan-haubold-indonesia-app-launch/|title= This new app helps Indonesians get the most out of their used cars|author=Techinasia| date=2014-07-11|accessdate=2014-07-16 |work=Tech in Asia}}

In May 2015, Carmudi Nigeria was awarded the Automobile Portal of the Year at the 2015 Beacon of ICT (BoICT) Distinguished Awards, after securing over 50,000 votes.{{cite web|title=Carmudi wins Best Automobile Portal of the year awards|url=http://thenationonlineng.net/new/carmudi-wins-best-automobile-portal-of-the-year-awards-2/|website=The Nation Online NG|date=30 April 2015 |accessdate=5 August 2015}}

Carmudi Pakistan was awarded one of the top 100 startups in Pakistan at the first ‘All Pakistan Startup Expo and Awards 2015’ that took place in Islamabad in May 2015. In addition to being a top start-up winner, Carmudi was shortlisted for three award categories: Best Startup of the Year, Best Technopreneur of the Year, and Service Business of the Year Venture Funded Business of the Year.{{cite web|last1=Younas|first1=Adeel|title=Carmudi Selected as One of the Best Startups in Pakistan|url=http://www.tech.com.pk/2015/05/carmudi-the-best-startups-in-pakistan.html|website=The Tech|date=13 May 2015 |accessdate=5 August 2015}}

In June 2015, Carmudi released its first white paper, "The Booming Automotive Industry in Emerging Markets",{{cite web|last1=Moore|first1=Kalie|title=THE BOOMING AUTOMOTIVE INDUSTRY IN EMERGING MARKETS|url=http://www.carmudi.com.ng/research/|website=Carmudi White Paper|publisher=Carmudi|accessdate=7 August 2015}} providing a detailed look into the global state of automotive sales and how car purchasing behaviors have changed due to the drastic increase of internet and mobile penetration, rising GDP, and the emergence of a middle class. This report was featured in Bloomberg,{{cite web|last1=Sadaqat|first1=Rohma|title=Your next car is in your mobile device|url=https://www.bloomberg.com/research/markets/news/article.asp?docKey=600-201506100001KRTRIB__BUSNEWS_55001_33274-1|website=Bloomberg Business|publisher=Bloomberg L.P.|accessdate=7 August 2015}} CNN{{cite web|last1=Arabic|first1=CNN|title=زيادة واضحة بنسبة الإقبال على سوق السيارات الإلكتروني في السعودية|url=http://arabic.cnn.com/scitech/2015/05/31/booming-automotive-industry/|website=CNN|date=31 May 2015|accessdate=7 August 2015}} and CNBC{{cite web|last1=Africa|first1=CNBC|title=NIGERIA'S BOOMING AUTO INDUSTRY|url=http://www.cnbcafrica.com/video/?bctid=4256466633001|website=CNBC|accessdate=7 August 2015|archive-url=https://web.archive.org/web/20150805042225/http://www.cnbcafrica.com/video/?bctid=4256466633001|archive-date=5 August 2015|url-status=dead}} among others.

{{reflist|3}}

• {{official website|http://www.Carmudi.com/}}

Category:Automotive websites

Category:Rocket Internet

Category:Multilingual websites

Category:Internet properties established in 2013