Why UAE residents are buying more used cars
Edited By WION Video Desk
Published: Aug 09, 2021, 07:17 IST | Updated: Aug 09, 2021, 07:17 IST
India's unicorns and e-commerce firms are expanding overseas in a big way. CARS 24, an e-commerce platform for pre-owned vehicles is betting big on the overseas markets and has entered the UAE with heavy investment in technology framework. Vehicle transactions are increasingly getting done online globally and e-commerce platforms are seeing a jump in markets for used or pre-owned cars. CARS 24 is looking at encashing the boom as the demand for used cars is moving to the fast lane especially after the COVID-19 pandemic. WION speaks to Gajendra Jangid, Co-founder of CARS 24.
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