Yahoo Canada Web Search

Search results

1. inc42.com › features › indias-used-cars-raceIndia's Used Cars Race: Comparing FY22 Numbers For CARS24 ...

   inc42.com › features › indias-used-cars-race

   • Cached

   Jul 20, 2023 · On the other hand, IPO-bound Droom, a used-car and bikes marketplace which began operations in 2014, posted an operating revenue of INR 384.6 Cr in FY22. Sales jumped almost 207% during the year ...

2. www.news18.com › news › autoFuture of Automobile Buying & Selling in India and Rise of ...

   www.news18.com › news › auto

   • Cached

   Mar 8, 2021 · Today for every new car 1.65x used cars are sold in India. This ratio was 1.2x when Droom was started 6 years back. However, this ratio is significantly lower than that of UK at 3.3x, USA and Germany at 2.8x and Japan at 2.5x. We believe by 2025, India will cross 2.5x used cars sold for every new car.

3. www.businessinsider.in › business › ecommerceThree unicorns, hundreds of crore in loss and very little ...

   www.businessinsider.in › business › ecommerce

   • Cached

   Even Droom — which, on one hand, claims to have over 80% market share India’s online car sales — confirms it only has a 0.56% share in the overall sale of automobiles (both new and old) in ...

4. the-ken.com › story › perhaps-the-most-ingeniousInside the incredible world of Droom, India's 6th largest e ...

   the-ken.com › story › perhaps-the-most-ingenious

   • Cached

   Sep 18, 2018 · Nimbu-Mirchi. Inside the incredible world of Droom, India’s 6th largest e-commerce company. Ashish edits and writes stories at The Ken. Across subjects. In his last assignment, he was a Deputy Editor at Mint, a financial daily published by HT Media. The man smirks.

5. droom.in › communityIndia's Largest Automobile Community - Droom

   droom.in › community

   • Cached

   Droom is the only online automobile platform in India that sells both used and new automobiles and everything from bicycles to planes. Droom has helped 2.5million+ customers buy, sell, finance, insure, or inspect/certify vehicles with trust, convenience, and peace of mind backed by Droom's managed marketplace platform and proprietary tech & AI-driven ecosystem of products and services.

6. techcrunch.com › 2021/07/27 › indian-automobileIndian automobile marketplace Droom valued at $1.2 billion in ...

   techcrunch.com › 2021/07/27 › indian-automobile

   • Cached

   Jul 28, 2021 · “Droom’s current annual run-rate is $1.7 billion for GMV and $54 million for net revenue. The company remains on track to touch a GMV of $2 billion and a net Revenue of $65 million in CY2021 ...

7. People also ask

   Is Droom the world's largest auto dealer community?

   • Online automobile marketplace Droom has said that it has crossed 300k-dealer mark on its platform to become the largest auto dealer community globally. Droom’s dealers are now present in 830 cities in India. Droom said that it has 1.5 million listings worth $13 billion.

   Toyota-backed Droom says it is now largest auto dealer community

   www.financialexpress.com/business/sme/toyota-backed-droom-says-it-is-now-largest-auto-dealer-community-globally-has-these-many-dealers-online/1583618/

   See all results for this question

   Does Droom sell cars?

   • On websites like Carwale and CarDekho and Olx and many others. We have our listings, and if someone likes them, we sell. Now, the Droom salesperson came to us last year with a proposal. He said, ‘Why don’t you sell your cars on Droom?’

   Inside the incredible world of Droom, India's 6th largest e-commerce

   the-ken.com/story/perhaps-the-most-ingenious-story-of-the-indian-internet-startup-ecosystem-of-this-decade/

   See all results for this question

   How does Droom work in India?

   • Droom operates a marketplace in India to help people buy and sell used multi-category vehicles such as cars and motorbikes. The startup provides verified listings for buyers along with tools to view, schedule, negotiate and communicate with the seller. Sellers are provided with tools to manage their listings and estimate prices and dispute issues.

   Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO

   techcrunch.com/2021/07/27/indian-automobile-marketplace-droom-valued-at-1-2-billion-in-200-million-pre-ipo-funding/

   See all results for this question

   Will CarTrade & Droom hit the public market?

   • CarTrade has hit the public market in the same time frame, while Droom is planning its public issue in the next 14 months. CarTrade’s public listing is being looked at as the milestone for the online car sales segment and has further enhanced the interest of investors. India’s online car retailers are on a different growth trajectory.

   Three unicorns, hundreds of crore in loss and very little market share

   www.businessinsider.in/business/ecommerce/news/three-unicorns-hundreds-of-crore-in-loss-and-very-little-market-share-whats-the-hype-around-online-car-retailers/articleshow/87012417.cms

   See all results for this question

   Is Droom a profitable company?

   • “Droom’s current annual run-rate is $1.7 billion for GMV and $54 million for net revenue. The company remains on track to touch a GMV of $2 billion and a net Revenue of $65 million in CY2021,” it said in a brief statement. “With the current scale, technology-oriented business, and operational efficiency Droom is nearing profitability.”

   Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO

   techcrunch.com/2021/07/27/indian-automobile-marketplace-droom-valued-at-1-2-billion-in-200-million-pre-ipo-funding/

   See all results for this question

   What percentage of automobile is online in India?

   • In any country automobile industry is 8% to 12% of GDP and the largest or among the top 3 retail categories. However, unlike travel, mobile phones, electronics, fashion, food or jobs, automobile is very low penetrated online. When Droom was started only 0.1% of automobile in India was online and while it remains very low, it is now at 0.7%.

   Future of Automobile Buying & Selling in India and Rise of Used Car

   www.news18.com/news/auto/future-of-automobile-buying-selling-in-india-and-rise-of-used-car-market-interview-droom-3505133.html

   See all results for this question

8. www.financialexpress.com › business › smeToyota-backed Droom says it is now largest auto dealer ...

   www.financialexpress.com › business › sme

   • Cached

   May 20, 2019 · Droom's dealers are now present in 830 cities in India. Online automobile marketplace Droom has said that it has crossed 300k-dealer mark on its platform to become the largest auto dealer ...