The motor vehicle sales marketplace lists on the Johannesburg bourse under the share code WBC.
Motor vehicle sales marketplaceWeBuyCars officially began trading on the local bourse at R20 a share at market open today.
To date, the used-car company has 2 800 employees across South Africa, buys and sells vehicles from 15 supermarkets, has 74 buying pods and over 340 buyers nationwide. “It has been an amazing journey that culminated in a listing on the JSE,” says CEO Faan van der Walt. “We are excited about the road ahead as the listing opens up many opportunities such as enhancing our brand, creating liquidity for shareholders and attracting staff.”
Johannesburg Stock Exchange JSE WBC Transaction Capital Valdene Reddy Faan Van Der Walt Used Cars
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