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WeBuyCars is a high-quality used vehicle wholesaler and retailer specialising in affordable prices and a diverse vehicle offering.
Overview
Location
South Africa
Employees
1001-5000
Phone
+27 87 057 0000
Total raised
$108.3M
Founded date
2001
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 13
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 20, 2026 | MTN and Vodacom dwarf South Africa’s listed tech sector | MTN Group and Vodacom Group, the two giants of South Africa’s telecommunications sector, each clock up more than R1-billion in revenue in just two and three days, respectively. TechCentral analysed companies listed in the technology section... |
| Nov 17, 2025 | Reality check for electric car sales in South Africa | WeBuyCars CEO Faan van der Walt South African consumers have all but turned their backs on electric vehicles – so far, at least – and the impact on the used-car market is impossible to ignore. Speaking in an interview with TechCentral on Mo... |
| Jul 21, 2025 | WeBuyCars lets AI take the wheel | JSE-listed vehicle trading platform WeBuyCars has built two AI tools it said it believes will form a “cornerstone of its future growth”. Dubbed “Blue” and “Orange”, the artificial intelligence tools will focus on backend processes and clien... |
| Aug 28, 2024 | Navigating the Crossroads: UCB's Strategic Shift and Naspers' Regulatory Plea | In the fast-paced world of pharmaceuticals and digital platforms, two stories emerge that highlight the challenges and opportunities within their respective sectors. UCB, a Belgian pharmaceutical giant, is selling its neurology and allergy ... |
| Aug 27, 2024 | Naspers warns against over-eager South African regulators | A new report by Naspers and the Mapungubwe Institute for Strategic Reflection (Mistra) has called on South African regulators to create an enabling environment for the growth of digital platform businesses – by not regulating them into the ... |
| Apr 11, 2024 | WeBuyCars makes R7.8-billion JSE debut | Esa Alexander/Reuters Transaction Capital’s used car business, WeBuyCars, opened for trading on the JSE, among the first of 10 expected listings this year. Shares of WeBuyCars opened at R20/share, above the initial public offering price of ... |
| Aug 11, 2021 | Netstar, WeBuyCars team up to boost vehicle safety | Online vehicle sales marketplace WeBuyCars has signed a partnership agreement with vehicle-tracking company Netstar, a subsidiary of Altron, to install its vehicle-tracking technology in pre-owned vehicles. WeBuyCars is a dealer in used veh... |
| Jul 2, 2019 | Naspers’ $2.3bn in Indian firms since 2011 dwarfs SA tech investments [Updated] | UPDATE (12 August 2019): Naspers announced in a press release today that it had taken part as lead investor in a $125-million fundraise in Indian ecommerce startup Meesho. In June India’s Economic Times reported that Naspers was in talks wi... |
| Jul 2, 2019 | Naspers’ $2.3bn in Indian firms since 2011 dwarfs SA tech investments [Updated] | UPDATE (12 August 2019): Naspers announced in a press release today that it had taken part as lead investor in a $125-million fundraise in Indian ecommerce startup Meesho. In June India’s Economic Times reported that Naspers was in talks wi... |
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FAQ about WeBuyCars
When was WeBuyCars founded?
WeBuyCars was founded in 2001.
How much funding has WeBuyCars raised?
WeBuyCars has raised $108.3M in total across 1 funding round.
What has the press written about WeBuyCars?
Parsers VC has collected 13 articles mentioning WeBuyCars, among them “MTN and Vodacom dwarf South Africa’s listed tech sector” (Mar 20, 2026) and “Reality check for electric car sales in South Africa” (Nov 17, 2025).
Is WeBuyCars still active?
Yes, WeBuyCars is active; its latest activity on Parsers VC dates from May 18, 2026.