Droom launches in Thailand, now available in four countries
Droom, India’s pioneering online automobile transactional marketplace is all set to foray into the rapidly developing Southeast Asian country of Thailand. This venture marks the third nation of Droom’s aim of establishing itself among 7 Southeast Asian countries. The comprehensive online platform has now made its ingenious services available across four countries and envisions to further extend its offerings in other nations, as part of its international expansion spree.
Thailand is the second largest automobile market in Southeast Asia and is among the top 15 automobile markets across the globe. With its rapidly evolving lifestyle, a major share of working middle class, changing consumer needs and aspirations, competitiveness and online & mobile adoption, Thailand proves to be an the ideal market for the segment of used vehicles to thrive in. Through its subdivision Droom International, the organization aims to venture into and make its AI-driven ecosystem services such as OBV for used vehicle pricing, Droom Discovery for vehicle research, ECO for vehicle inspection, Droom Credit for auto financing, and Droom History for vehicle historical records available in this exciting and high potential-entailing automotive market of Thailand.
Sharing an insight into this strategic move, Sandeep Aggarwal, Founder and CEO, Droom, remarked, “At Droom, we are super passionate about creating one of the finest consumer-oriented digital platforms based out of India and are gradually becoming a truly global internet brand. We are beyond ecstatic about beginning our operations in Thailand not only because it is one of the largest and fastest-emerging markets but also because it has unlocked several new possibilities for Droom, like helping the organization develop its abilities to launch the platform in several languages other than English. We are excited about this foray and are looking forward to establishing Droom as the online automobile marketplace leader in Thailand.”
Droom launched its platform in Malaysia in October 2018, Singapore in December 2018, and in India on November 21, 2014. The company has recently crossed a total of 48 million monthly traffic, with close to 12% of this traffic coming from international markets such as Malaysia and Singapore alone.
This recent move will further bolster Droom's growth across the international markets, helping Droom elevate its position as one of the most premier automotive and e-commerce organizations to have pioneered from India.