Dubizzle Group Expands Automotive Footprint by Acquring Egypt-Based Hatla2ee Hatla2ee's services include buying and selling of both new and used cars.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Shutterstock

Dubizzle Group, the UAE-based classifieds unicorn company which owns and operates multiple brands such as dubizzle, Bayut, and DriveArabia across the MENA region, has acquired Hatla2ee, an Egypt-based automotive portal. This strategic move aims to grow Dubizzle Group's automotive presence in Egypt and the wider region.

"Egypt's dynamic automotive sector presents immense opportunities and by integrating Hatla2ee's expertise with our technology-driven ecosystem, we aim to enhance the buying and selling experience for millions of users," Haider Khan, CEO of Dubizzle Group MENA said in a statement. "We are excited to welcome Hatla2ee to the group and look forward to driving innovation and value in the Egyptian market."

On his part, Imran Ali Khan, CEO of Dubizzle Group, emphasised Egypt's strategic importance in the Group's long-term vision. "Egypt, with its population of 114 million and a rapidly evolving automotive landscape, represents a key market for us," Khan said. "This acquisition not only reinforces our leadership in the sector but also aligns with our mission to elevate the automotive experience for our consumers. We look forward to collaborating with the Hatla2ee team to drive innovation and growth in the industry."

Founded in 2016, Hatla2ee's services include buying and selling of both new and used cars -which are both locally produced and imported- along with car evaluations, financing options, and real-time market pricing insights. With over two million unique monthly visitors across its website and mobile applications, it has become a go-to destination for car buyers and sellers. "Over the years, Hatla2ee has built a strong community of car buyers and sellers, offering a seamless and trusted platform for transactions," Samy Swellam, CEO of Hatla2ee, said. "Joining forces with Dubizzle Group unlocks new opportunities to enhance our offerings, leverage advanced technology, and provide an even better experience for our users in Egypt. We are excited for this next chapter and the growth that lies ahead."

Related:
Business News

How to Write a Business Plan

Learn the essential elements of writing a business plan, including advice and resources for how to write and conduct each section of your business plan.

Marketing

April 21 Is Your Last Chance for Mobile Optimization Before 'Mobilegeddon'

The search giant is currently working on a major algorithm change that will revolutionize the way mobile friendliness is determined.

Leadership

Revolutionizing Proptech: Haider Ali Khan, CEO of Bayut and dubizzle, and CEO of Dubizzle Group MENA

Born from a mission to redefine real estate through technology, Bayut sparked a movement that evolved into the global proptech and classifieds leader, Dubizzle group — and today, we go back to understanding the homegrown powerhouse that started it all.

Marketing

The Quickest Way to Deliver Your Message? Make It Visual.

Infographics, dashboards and mobile apps provide a direct avenue to our brains. Use them to your advantage.

Starting a Business

College Startup Offers a Creative Approach to Banish Boring Presentations

Instead of boring slides with bullet points and clip art, Big Fish creates presentations that tell stories and resonate emotionally with viewers.

News and Trends

International Fashion Brand Maison D'AngelAnn Secures US$2 Million Investment From A Private Family Office In The UAE

The newest round of funds follows Maison D'AngelAnn's $7 million investment in November 2020 from The Gate Business Services, a UAE-based investment and real estate consultancy, which also saw it also acquire a majority stake in the business.