Headline Asia leads a USD 10 million Series A funding round for iMotorbike, a Malaysian used motorbike retailer, with contributions from notable investors.

Target Information

iMotorbike is a Malaysia-based company specializing in the retail of used motorbikes. Founded with the aim to revolutionize the motorbike purchasing experience, iMotorbike has established itself as a key player in the sector by leveraging technology to streamline transactions and enhance customer satisfaction. The platform offers a wide selection of used motorbikes, making it easier for buyers to find quality vehicles at competitive prices.

By offering a user-friendly online marketplace, iMotorbike has transformed how consumers approach the purchase of pre-owned motorbikes in Malaysia. Their focus on quality and customer service has enabled them to build a loyal customer base, driving growth and brand recognition in a competitive market.

Industry Overview in Malaysia

The Malaysian used motorbike market has been experiencing significant growth, driven by increasing urbanization and a booming middle class. With rising disposable incomes, more consumers are seeking affordable tr