New Delhi: Zoomcar, the largest car-sharing marketplace covering emerging markets today announced the launch of its operations in international markets. Zoomcar, which dominates the self-drive car rental market in India, has expanded to Southeast Asia and the Middle East and appointed country heads in the Philippines and Egypt to help scale their business.
As the Vice President & Country Head, Hany Olama will lead Zoomcar’s operations in Egypt. Prior to joining Zoomcar, Hany has held positions in some of the largest companies in the MENA region. He has worked in the Digital Marketing, E-Commerce, Retail, Software Development, and Group buying industries with ArabyAds, Carrefour, Raya Electronics, Enlight, and Dare’n’Deal respectively.
Gene Angelo Ferrer joins Zoomcar as the Vice President and Country Head for the companies’ expansion into the Philippines. Gene previously led Dostavista’s, a Russian-based crowdsourced delivery platform, entry into the Philippines in 2018. Locally known in the Philippine market as MrSpeedy – Gene grew the company exponentially with record-setting year-on-year growth rates both on daily revenue and total deliveries per day.
Gene and Hany come with over a decade’s experience and their expertise in start-up management will prove vital in establishing Zoomcar as the first-to-market car-sharing platform in the Philippines and Egypt.
Commenting on Zoomcar’s international expansion and appointment of new country heads Greg Moran, CEO & Co-Founder Zoomcar said, “At Zoomcar, we have always been focused on personal mobility and this is the perfect time for us to expand internationally. Against the backdrop of Covid, there are a lot of inherent tailwinds, which is really helping us capture more of the consumer mindset and gain market share. People want to get out and travel, they want to be social again. Places like the Philippines and Egypt have low levels of vehicle ownership but large, upwardly mobile populations and it’s the perfect opportunity for us to leverage because there’s simply no vehicle accessibility and affordability is a huge constraint. We are thrilled to welcome Hany and Gene as our new country heads and look forward to benefiting from their experience of scaling up aggressively and building synergistic partnerships contributing to our growth. Egypt and the Philippines will be a benchmark for us to expand into other countries in Southeast Asia and MENA”.
