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Dubizzle Group reinforces dominance in automotive sector with acquisition of Drive Arabia

PRIVATEMay 03, 2024

Acquiring Company

Dubizzle Group

Acquired Company

Drive Arabia

DubaiSoftwareAutomotiveAutomotive

Description

Dubizzle Group, the premier online classifieds platform in the Middle East, has strategically acquired Drive Arabia, a recognized leader in the automotive sector. This acquisition strengthens Dubizzle Group's position in the automotive advertising market, allowing it to introduce new products and expand its reach to better serve its customers.

Quick answer

Dubizzle Group is acquiring Drive Arabia, announced May 3, 2024.

How much did Dubizzle Group pay for Drive Arabia?
The deal value was not disclosed.
What does Dubizzle Group do?
Dubizzle Group is the premier online classifieds platform in the Middle East, with a dominant presence in the automotive sector throughout the MENA region.
Where are Dubizzle Group and Drive Arabia based?
Drive Arabia is based in Dubai, Dubai, United Arab Emirates.
Who are the decision-makers at Dubizzle Group?
Fundz holds 1 contact at Dubizzle Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Automotive and Automotive

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Company Information

Company

Dubizzle Group

About

Dubizzle Group is the premier online classifieds platform in the Middle East, with a dominant presence in the automotive sector throughout the MENA region. It offers comprehensive solutions and an array of new car options to its user base, and aims to provide an unparalleled experience in the automotive space.

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Frequently asked

Who acquired Drive Arabia?

Drive Arabia was acquired by Dubizzle Group. The deal was reported on May 3, 2024. Dubizzle Group is the premier online classifieds platform in the Middle East, with a dominant presence in the automotive sector throughout the MENA region. Dubizzle Group is privately held and operates in Software.

When did Dubizzle Group acquire Drive Arabia?

Dubizzle Group's acquisition of Drive Arabia was reported on May 3, 2024. Dubizzle Group, the premier online classifieds platform in the Middle East, has strategically acquired Drive Arabia, a recognized leader in the automotive sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Drive Arabia do?

DriveArabia is the leading source for automotive news, reviews and comparisons in the Middle East. It is privately held, operating in Automotive, and is based in Dubai.

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