{"id":20649,"date":"2015-11-03T11:21:17","date_gmt":"2015-11-03T03:21:17","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=20649"},"modified":"2015-11-03T11:21:17","modified_gmt":"2015-11-03T03:21:17","slug":"online-car-platform-carmudi-to-expand-biz-operations-in-davao-cdo","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2015\/11\/03\/online-car-platform-carmudi-to-expand-biz-operations-in-davao-cdo\/","title":{"rendered":"Online car platform Carmudi to expand biz operations in Davao, CDO"},"content":{"rendered":"<p><strong>Online car classified\u00a0<a href=\"http:\/\/www.carmudi.com.ph\/\">Carmudi<\/a> is eyeing to expand its business operations in the Philippines by adding another extension office in Davao and Cagayan De Oro.<\/strong><\/p>\n<div id=\"attachment_20650\" style=\"width: 630px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/11\/Carmudi.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-20650\" class=\"size-full wp-image-20650\" src=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/11\/Carmudi.jpg\" alt=\"\u201cThe Philippine economy is really a market to watch. We are already spread out in 20 different countries across the globe and we are still seeing a lot of potential in doing business in the Philippines,\u201d said Subir Lohani, managing director of Carmudi Philippines.\" width=\"620\" height=\"445\" srcset=\"http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/11\/Carmudi.jpg 620w, http:\/\/www.upgrademag.com\/web\/wp-content\/uploads\/2015\/11\/Carmudi-300x215.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><p id=\"caption-attachment-20650\" class=\"wp-caption-text\"><span style=\"color: #808080;\"><em>\u201cThe Philippine economy is really a market to watch. We are already spread out in 20 different countries across the globe and we are still seeing a lot of potential in doing business in the Philippines,\u201d said Subir Lohani, managing director of Carmudi Philippines.<\/em><\/span><\/p><\/div>\n<p>The expansion will be part of company\u2019s strategy in saturating its market presence in Mindanao.<\/p>\n<p>\u201cThe Philippine economy is really a market to watch. We are already spread out in 20 different countries across the globe and we are still seeing a lot of potential in doing business in the Philippines,\u201d said Subir Lohani, managing director of\u00a0<a href=\"http:\/\/www.carmudi.com.ph\/\">Carmudi Philippines<\/a>.<\/p>\n<p>\u201cAside from agriculture and tourism, Mindanao has improved its information technology business which are the key drivers in growing the economy. We are looking on the bigger picture as GDP growth rate increase by 6.2-percent in the last five years and we see this opportunity to expand the business,\u201d Lohani added.<\/p>\n<p>The company started operating in January of 2014, providing its users online shopping experience allowing them to sell or buy any car, motorcycle or commercial vehicle in the fastest and easiest way. The car portal also offers unique search filters that enable users to browse target car based from lifestyle preferences.<\/p>\n<p>\u201cWe bridge the gap between sellers and buyers on how they can both be happy on every purchase they will do. Aside from the transparent and trusted list of inventory, they can be 110-percent that all those cars, motorcycle and commercial vehicles they will view in our site had undergo quality screening check,\u201d said Lohani.<\/p>\n<p>As the company eyes to expand in Mindanao, it is looking to double its sales by end of the year.<\/p>\n<p>The company allocated $16 million funds in Philippine operations alone, and it expects to grow the business in few years.<\/p>\n<p>The online startup has 20,000+ listings with 9,000 used car dealers and 1,000 new car dealers. The company has 5-million visitors in a month with steady growing highly targeted audience.<\/p>\n<p>Aside from Mindanao, <a href=\"http:\/\/www.carmudi.com.ph\/\">Carmudi<\/a> also is targeting cities in Visayas, such as Iloilo and Bacolod.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online car classified Carmudi is eyeing to expand its business operations in the Philippines by adding another extension office in Davao and Cagayan De Oro. <\/p>\n","protected":false},"author":6,"featured_media":20650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1215,630,746,96],"class_list":["post-20649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-carmudi","tag-in-car-technology","tag-online-shopping","tag-technology"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/20649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=20649"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/20649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/20650"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=20649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=20649"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=20649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}