Egyptian startup BIDDEX, the innovative online car marketplace, announced its successful participation in STEP DUBAI, the largest tech festival in Dubai Internet City. With five main tracks, more than 400 global startups showcased, hundreds of global investors, and over 8,000 global attendees over two days, STEP DUBAI brought the tech world to Dubai to showcase the evolution of the tech landscape globally.
The BIDDEX app is a unique one-stop shop that transforms how cars are bought, sold, and financed online. For a better customer experience, BIDDEX has recently integrated artificial intelligence (AI) technology into its platform for a better car purchasing experience and reaching the best fitting prices.
During the event, BIDDEX announced a new upgrade to the application, integrating AI technology into the platform to improve customers’ experiences, mainly when it comes to getting the most fitting car selections, best prices, and exclusive offers.
BIDDEX also showcased its super-set solutions, which simplify the process of purchasing new and used vehicles. Offering everything from auctions and financing to vehicle imports and customized requests, BIDDEX delivers a comprehensive platform built with the latest technology. Customers can expect top-tier security, robust data protection, and round-the-clock support, all from the comfort of their homes.
Commenting on the launch, Amr Allam, Founder and CEO of BIDDEX, expressed his enthusiasm for the platform’s transformative role in the car landscape.
Allam said: “BIDDEX is not just changing the car marketplace in Egypt; it’s set to expand across the Middle East, reshaping the entire regional automotive marketplace. With its innovative services and commitment to customer satisfaction, BIDDEX is primed to become the go-to platform for car buyers and sellers in the region.”
Allam noted: “Since the launch of the app last year, the total value of car sales and purchases through the app has reached approximately EGP 100 million. It has also facilitated many car loans worth nearly 60 million Egyptian pounds in a record time.”
He added that the app aims to capture 10% of the car market share in Egypt and revolutionize the car-buying experience.
A Seamless Car-Buying Experience
With BIDDEX, users can access Egypt’s largest selection of verified car listings, featuring both new and used vehicles from all major brands. Whether you’re looking for a locally available model or want to import a vehicle tailored to your exact specifications, BIDDEX has you covered. The platform partners with trusted dealerships to ensure customers get the best possible deals.
More Than an Application
BIDDEX is a dynamic, real-time bidding platform where users can bid on new and used cars. Enjoy a transparent, secure experience, and the car and all necessary paperwork will be delivered to your doorstep.
Moreover, users can monitor the price of their dream car and receive instant notifications when it drops or if the seller accepts an offer. The user will be able to skip the negotiation process by submitting his own price offer directly to the seller. BIDDEX handles the rest, simplifying the buying process.
Flexible Financing Plans
BIDDEX also provides flexible financing plans through partnerships with 18 leading auto lenders, ensuring quick financing approval. 80% of customers are approved within 24 hours, making it easier than ever to drive away in your new car.
Test Drive Service
Additionally, Users can schedule a test drive for their preferred car, and receive instant confirmation of their booking. Meanwhile, the platform enabled its users to upgrade their car hassle-free with the trade-in option. Simply choose your desired vehicle and get an offer within 48 hours.
Only 48 hours to Get Your Car Sold
Along with these super set of features, BIDDEX offers its users selling their cars through the platform by uploading the vehicle details, and BIDDEX will assist with the sale. For those looking for a fast transaction, you may qualify for a cash offer within 48 hours.
All cars listed on BIDDEX are thoroughly inspected and certified. Every car comes with a 7-day money-back guarantee and a 60-day warranty to ensure peace of mind for customers.
BIDDEX also allows users to complete the entire car-buying process—browsing, financing, paying, and handling paperwork—entirely online. Once the purchase is finalized, the car and all necessary documents are delivered directly to your doorstep.
