Acquisition: Cars45 Overhauled As Jiji Cars Takeover

Following the recent acquisition and takeover of Cars45 by Jiji Cars, the latter has announced a brand overhaul of the former to reflect the new ownership, Jiji Cars.

Recall that Cars45 was recently acquired by Jiji, as Jiji has grown to become a credible platform for car sales. The acquisition was made in a bid to consolidate and strengthen Jiji’s positioning in the car dealership market. The move came from the fact that car sales and enquiries are among the top five reasons people visit the Jiji site. Apart from real estate, the search for affordable cars constitutes a primary reason people visit the platform.

Speaking on the name change, Jiji Cars COO Maxim Makarchuk said,

”Since launching in 2014, Jiji has connected buyers to sellers in Nigeria and has helped facilitate the exchange of goods and services with ease and convenience. In eight years, Jiji has grown into a team of over 1000 people with 12+ million unique monthly visits, 4+ million active ads with a combined value worth $10 billion. Combining Jiji’s leading position with the Cars45 model brings to the market a new incredible story called Jiji Cars.

“Our mission is to make the process of buying & selling cars fast, easy and secure through the digitalisation of automotive trading. As a result, every car seller can get the best price and immediate payment for his car on the same day he decided to sell it through a hassle-free and trusted selling process with Jiji Cars. On the other hand, every car buyer can use an inspection report based on 200+ factors to get a verified car to meet his expectations.”

Speaking on this new development, the CEO of Jiji, Anton Volianski, affirmed that the company is happy with Jiji Cars and looks forward to more outstanding achievements in the future.

“We have observed that people come on the platform looking to buy cars. They seek to avoid the high transactional costs from traditional car dealers and want fast and efficient transactions. Most times, they also want to meet one-on-one with the car sellers. With Jiji Cars, we handle car sales faster and more efficiently. We also deliver value for our buyers and sellers through our digitised processes, while working to become the recognized market leader,” Volianski said.

Speaking on the reasons to conduct transactions with Jiji cars, Director of Africa Operations Jiji, Yuliy Shenfled said

“Jiji Cars provides value and efficiency to customers. Sellers can sell their cars faster and get paid immediately, same day leveraging millions of buyers on the Jiji platform. Our processes are digitised to make buying and selling of cars fast, safe and easy for our customers. Buyers have access to thousands of verified cars on the platform, which have undergone inspection by 200+ parameters to confirm their true state. We also have inbuilt processes to protect buyers interests while ensuring that the sellers get commensurate value for their merchandise immediately”.

At Jiji Cars, there’s room for fair and easy negotiation between buyers and sellers. The platform is a one-stop-shop for all car sales and purchase services, he added.

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