Drive Arabia, a UAE-based media and reviews platform with an emphasis on cars, has been acquired by Dubizzle Group, an online classifieds company, for an unknown sum. Drive Arabia is an automobile consumer portal with a focus on the GCC, whereas Dubizzle is an online marketplace where people can buy, sell, or find things in their cities.
Both companies were founded in 2005 by J.C. Butler and Sim Whatley. In order to better serve its clients, Dubizzle Group hopes to increase its reach, provide new products, and consolidate its automobile advertising solutions with this acquisition.
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With the purchase of Drive Arabia, Dubizzle Group, the leading online listings company in the Middle East, strengthens its position as the industry leader in the automotive sector across the MENA area. This calculated move demonstrates Dubizzle Group’s commitment to improving the quality of its selection of new cars and providing its user base with all-encompassing solutions.
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Drive Arabia has been a well-known brand in the area for more than 20 years, especially in the UAE and Saudi Arabia. Drive Arabia offers Dubizzle Group a wealth of knowledge and a committed customer base in the automobile industry. In order to better serve its clients, Dubizzle Group hopes to increase its reach, provide new products, and consolidate its automobile advertising solutions with this acquisition.
“We are happy to welcome Drive Arabia into the Dubizzle Group family,” said Haider Ali Khan, CEO at Dubizzle Group MENA. “This acquisition aligns with our strategic vision to provide our users with an unparalleled experience in the automotive space. Drive Arabia’s strong brand recognition and reach will further strengthen our existing portfolio and enable us to deliver even greater value to our customers while strengthening our leadership position in the automotive space.
This is just the beginning and we are keeping a very keen eye on any other M&A opportunities that further help us expand our offerings in the verticals we operate in. Our immediate plans for Drive Arabia include a significant investment in the platform to enhance its core value proposition as a transparent tool for car prices, specifications, and other relevant details to help us become the go-to platform for new car launches in the region.”
About Dubizzle Group
Dubizzle Group, the leading online classifieds company in the Middle East, continues to expand its dominance in the MENA region’s automobile industry. A group of driven businesspeople with experience in the field lead Dubizzle Group.
About Drive Arabia
In the Gulf Cooperation Council, DriveArabia.com is the biggest consumer automobile portal. In particular, the U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, Bahrain, and other Middle Eastern countries are covered by the site’s exclusive online service for car buyers.
