Enka.com Releases Infographic for 23rd Anniversary Celebration

Encar.com, the largest car trading platform in Korea, has released an infographic titled 'Encar Chronicles' to celebrate its 23rd anniversary. The content covers its growth process and achievements.

Since its founding in 2000, Encar.com has introduced 'first-ever' services to ensure healthy transactions between sellers and buyers. In 2000, it was the first in the industry to implement used car price display systems and used car inspection and repair warranty services. The inspection service was conducted even before the performance inspection record became legally mandatory. In 2004, it was the first to provide used car market prices online. Additionally, it introduced mobile self-vehicle registration services and a no-waste compensation system guaranteeing the accuracy of listing details.

Encar.com's annual registered vehicle count has increased from about 100,000 units in 2001 to approximately 1.2 million units currently. The annual registration of 1.2 million vehicles accounts for about 30-40% of the used car transactions in the domestic market. Over 23 years, the cumulative number of registered listings that have passed through Encar.com exceeds 14 million, the largest scale in the industry. The cumulative number of visits is about 2.4 billion, and app downloads have surpassed approximately 13 million.

Kim Sang-beom, CEO of Encar.com, stated, “Encar.com is a company that has grown alongside changes by establishing industry standards that did not exist in the domestic used car market. Moving forward, we will strive even harder to evolve as a trading platform and create a unique service environment that enables healthy used car transactions between sellers and buyers.”

This content was produced with the assistance of AI translation services.