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Saturday, January 11, 2014

No merger for STCars and sgCarMart

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http://www.businesstimes.com.sg/premium/singapore/no-merger-stcars-and-sgcarmart-20140111

When Singapore Press Holdings (SPH) acquired sgCarMart (SGCM), there was talk that this car portal would be merged with the media group's STCars portal, but the decision has been made to keep them as separate sites, serving different markets.

For someone looking to sell his car, the difference between them is that STCars offers free listings, and SGCM, paid listings.

A listing lasting six weeks on SGCM costs $48, but gives the seller greater exposure because this ad will appear in STCars as well.

And for that fee, a seller can post on SGCM more information about the car, such as its monthly instalments and accessories that come with it.

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