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OtoS and Carmudi merging – strengthening the competitiveness on online car trading market in Vietnam

234 - 2018

Under developing economic circumstances, the demand for car is getting higher and higher, Vietnam car market is evaluated as one of potential markets and it is expected to see explosive growth in near future.

Especially, with the trend that using internet for trading activities is being more and more popular, online car trading exchanges are one of the trustworthy locations for customers with car purchase demand. In which, Carmundi.vn and OtoS.vn are two big and trustworthy online trading and exchanging sites in Vietnam

 

To strengthen the competitiveness and bring more new values to customers on online car trading market, on April 23rd, 2018, OtoS and Carmundi have held a cooperation signing ceremony.

 OtoS was found in 2014 and has earned trust from consumers and it has a broad customer network via online car services including trading, information, and services.

Carmundi was officially operated in 2014 by Rocket Internet, and it was then bought by Fram^ - a Switzerland-Vietnam information technology company listed on Nasdaq First North exchange. Carmundi is now one of the top companies in Vietnam in car Ads.

 

The cooperation of OtoS and Carmundi purpose is to utilize both parties’ advantages: OtoS’s big and broad partners and Carmundi’s crew and creative technology. This is expected to strengthen and bring new life for online car market in Vietnam, taking the lead in online car exchanging, trading, information supplying, and services. Users will definitely have better experience from Carmundi in near future.

OtoS’s customers will be maintained and their right will be guaranteed in this merging. Besides, OtoS’s customers will enjoy more new functions from Carmundi