From humble beginnings as a two-man operation in Pretoria nearly 20 years ago, used-vehicle retailer WeBuyCars has evolved into a multibillion-rand business in which JSE-listed taxi financier Transaction Capital recently acquired a 49% interest.
Valued now at R3.6bn, the business was started by brothers Faan and Dirk van der Walt in 2001 with about R150,000 in capital. Since then it has grown organically to become a household name...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.