Glasgow Insights

  The Challenge The Client is a leading automotive player in Saudi Arabia. The client was keen to evaluate the potential of an Automotive E-commerce led venture in the Kingdom The key stakeholders believed it would make a business case for them only if the size of aftermarket business is significant and offers sustainable and profitable growth Glasgow Research & Consulting helped the client in mapping aftermarket demand, identify the high potential services Deep-dive for selected products. Estimation of passenger car select component market size, forecasts and relevant breakdown / usage characteristics. Map distribution channels, estimated respective share & customer service behaviour. Supply side market shares. Changing Consumer habits assessment of the workshops and B2C buyers. Click :  https://www.glasgowinsights.com/portfolio-items/business-plan-revalidation-for-an-automotive-ecommerce-aftermarket-services-venture-in-saudi-arabia-2/ Our Approach Glasgow Research ...

  Saudi Arabian car rental company Lumi has hired corporate finance consultants to guide the sale of its upcoming public listing. Announced in December last year, Lumi plans to go public to fund its further growth objectives. Having filed its request to the Saudi Arabia Capital Market Authority (CMA), the car rental company earlier this month received clearance for its initial public offering (IPO) on the Tadawul exchange, Saudi Arabia’s main stock market. The exact date of Lumi’s debut on the exchange has not been unveiled, however, known is however that companies that secure approval from the CMA have six months to launch their public share sale. <img class=”i-amphtml-blurry-placeholder” src=”data:;base64, Founded in 2017, the popular Saudi automobile rental company Lumi offers a variety of vehicle types, including trucks, SUVs, sports vehicles, catering to both the economy and luxury segments. Lumi has a fleet of 19,000 vehicles and is currently active from 25 locations in Sa...