With the purchase of Drive Arabia, Dubizzle Group, the leading online classifieds 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.
Drive Arabia has been a well-known brand in the region 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 automotive industry. In order to better serve its clients, Dubizzle Group hopes to expand its reach, introduce new products, and consolidate its automotive advertising offerings through 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.”
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