Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market - TechCrunch


5/23/2022 12:00:00 AM2 years 11 months ago
by Tage Kene-Okafor

Egypt is home to one of Africa’s largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is 3:1. But the used cars market isn’t only enormous in Egypt; …

Egypt is home to one of Africas largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is 3… [+5655 chars]

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