Thaicar.com overtakes One2Car.com as Thailand’s #1 car site!

June 7th, 2013

Thaicar.com has become Thailand's largest dedicated online automotive classifieds website; announcing that it now has the most cars listed for sale than any other website in Thailand.

Since its acquisition by iCar Asia Limited in February, Thaicar.com has focused on helping automotive dealers and the industry to understand the power of online in marketing and selling cars.  Thaicar.com backs this commitment by making the service free for automotive dealers until further proven that dealers sell more cars on its site.  This has helped Thaicar.com grow the number of cars for sale on the site to 45,850, compared to 3 months ago when it has 19,482, a growth of over 235% ; 26,368 more car options for buyers than its closest competitor.

 “We’re excited about the work we’ve done so far with the automotive dealers in Thailand. The feedback from them has been very positive; they know we are here to help them, and the industry.  We planning to launch further initiatives soon to help dealers sell more cars,” said Mr. Damon Rielly, CEO of iCar Asia Ltd.

“Having the most amount of cars for sale is catching on with the car buyers of Thailand too, with our visitors to the site increasing strongly over the past 4 months.  Thaicar.com is very focused on being the largest and most trusted automotive digital market place in Thailand and this is a positive step toward that vision” concluded Mr. Rielly.

About Thaicar.com

Acquired by iCar Asia in early 2013, Thaicar.com is Thailand's largest dedicated online automotive classifieds website with over 45,000 listings within the site. Thaicar.com has more than 339,000 car buyers viewing over 3.5 million pages per month.

*Source: Google Analytics, May 2013

For more information please contact:
Hamish Stone
Chief Executive Officer
iCar Asia Ltd
Mobile: +6017 473 3778
Email: hamish.stone@icarasia.com
Yee Chin Beng
Chief Financial Officer
iCar Asia Ltd
Mobile: +6012 655 8333
Email: chinbeng.yee@icarasia.com

About iCar Asia Limited (www.icarasia.com)

Listed on the Australia Securities Exchange, iCar Asia (ASX: ICQ) owns and operates ASEAN’s No.1 network of automotive portals. Headquartered in Kuala Lumpur, Malaysia, the company is focused on developing and operating leading automotive portals in Malaysia, Indonesia and Thailand. iCar Asia is continuously working to capitalise on its market-leading positions, with its online properties currently reaching approximately 12million car buyers and sellers in the region every month.

iCar Asia Network of websites: