RideNow

RideNow

Accelerating the world to green mobility.

HQ location
Seoul, South Korea
Website
Launch date
Employees
Enterprise value
$21m
Company register number
8538701947
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DateInvestorsAmountRound
N/A

€0.0

round
*

KRW4.0b

Valuation: KRW25.0b

Series A
Total Funding000k
Notes (0)
More about RideNow
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RideNow operates as an automotive service platform in South Korea, connecting users with a range of car-related services through its mobile application. The company's core offerings include on-demand test drives, facilitating the purchase of new vehicles, and mobile vehicle maintenance services, such as engine oil and battery changes, without requiring a visit to a physical repair shop. The platform is designed to streamline the car ownership experience, from initial test drive to ongoing maintenance.

Users can register on the app, select their desired service, receive a quote, and book the service directly. For vehicle management, the app allows users to record and track their vehicle's status. The business model appears to be centered around providing a convenient, all-in-one solution for car buyers and owners, likely generating revenue through commissions on vehicle sales, service fees for maintenance, or a combination of both. The target market consists of individuals in South Korea looking to purchase a new car or seeking more convenient ways to manage their existing vehicle.

Keywords: automotive platform, test drives, car purchasing, vehicle maintenance, mobile app, on-demand services, car ownership, South Korea, automotive services, vehicle management

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