SellAnyCar.com Expands into Saudi Arabia with the Launch of the New “Kayishha” Online Used Auto Marketplace

SellAnyCar.com, the UAE pioneer and leader in online auto marketplaces for used car sales, announced today it is expanding into the Saudi Arabia used car buying market with the launch of Kayishha.
Kayishha will integrate the SellAnyCar.com core value proposition and advanced technology engine with
an international dealer buying network and auto inspection locations to enable people across the
country to sell any make, model or year car in any condition within 30 minutes at fair market value.
The company’s entry into the Saudi market is supported by the recent $35 million investment from
Sanabil Investments, a unit of the Saudi Arabia Public Investment Fund, which has recently invested in a
number of high-growth technology and e-commerce platforms as part of advancing the national
economic diversification strategy.
“We see tremendous opportunity for Kayishha to redefine how used cars are bought and sold in Saudi
the same way SellAnyCar.com totally disrupted the UAE used car marketplace,” said Saygin Yalcin,
founder and CEO of both SellAnyCar.com and Kayishha. “We’ve taken the pain points out of the process
for both the seller and buyer and effectively leveled the playing field so both parties get what they most
want and need. Dealers can get a daily list of available cars to keep their lots well stocked. At the same
time, the sellers get a simple, stress-free and transparent way to immediately get fair market value for
their cars. Everybody wins.”
The SellAnyCar.com auto marketplace was created to address used car seller pain points when selling
directly through classified advertising or to dealers. Through predictive data analytics, the
SellAnyCar.com website has a documented ability to assess the fair market value of any car with 92%
accuracy.
With Kayishha, the company is investing in both talent and infrastructure to achieve similar growth
results in a much larger market opportunity. Kayishha is investing heavily in job creation through an
expansion plan that calls for hiring more than 300 people across the country over the next 18-24
months.
At launch, the company will have locations in high-traffic and easy to access shopping malls and retail
centers in Riyadh, Jeddah and Dammam with a rapid expansion plan designed to open more than 100
locations within one year. In addition, the company is building its headquarters and customer service
center in Riyadh. While Kayishha will employ both Saudi nationals and expatriates, the company will
emphasize the hiring of local citizens, particularly in the customer service center which will be staffed
entirely by Saudi nationals.
“We built a proven model with SellAnyCar.com that we are absolutely confident will bring great value to
both used car sellers and buyers across Saudi Arabia. At the same time, with Kayishha we are committed
to building a distinctively Saudi company that invests locally, hires locally, respects and embraces Saudi
culture, and contributes to the economic and social development pillars of Vision 2030. We even chose
the name Kayishha due to its unique meaning and popularity in local slang for pay me cash now,” Saygin
Yalcin said.