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MyTukar.com
Malaysia-based online platform for buying and selling used cars
About MyTukar.com
myTukar.com is a Malaysian-based platform that revolutionizes the process of selling used cars. The company primarily serves individual car owners looking to sell their vehicles quickly and efficiently. Operating in the automotive market, myTukar.com offers a seamless experience by providing services such as mobile inspections, where an inspector visits the seller's location, and mobile handovers, which include the transfer of ownership and collection of the vehicle. The business model is straightforward: myTukar.com charges a fee of RM500 for every successfully bided car upon handover. Additionally, they offer a mobile inspection service for RM100 per vehicle. The company makes money through these service fees and aims to provide up to 25% higher trade-in values for used cars compared to traditional methods. Clients benefit from a hassle-free process, quick transactions, and higher returns on their used vehicles.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Shah Alam, Malaysia
- Employees
- 290
- Open positions
- None listed
- Dealroom signal
- 60.3/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Automotive, Online Auctions, App, Platform, Auction
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Sep 2019 | $30M | $120M | Carro | — |
| SEED✓Equity / VC | Mar 2018 | $875K | $3.5M | Undisclosed | — |
Growth signals
Latest recorded traffic for MyTukar.com is 2K monthly website visits, down 64.3% over the last three months. MyTukar.com's team declined 4.9% over the past year.
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| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Carro
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about MyTukar.com on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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