IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces a strategic market alliance with Oversea Auto & Shipping in Cambodia. This business will operate an IAA Auction Center in the busy and densely populated capital city of Phnom Penh, providing local services and assistance to help buyers to purchase vehicles efficiently from IAA.
Oversea Auto & Shipping will offer support, including bidding assistance, transportation, shipping and importing, which can help to reduce risk and increase convenience for new buyers. This will provide buyers with greater access in a significant global market and help to strengthen the company’s presence in Southeast Asia.
“IAA is rapidly expanding our network of international auction centers to help connect with more buyers worldwide,” said John Kett, CEO and President of IAA. “This alliance will help meet the needs of this strategically located, growing buyer base in Southeast Asia.”
Sotha Veng, Owner of Oversea Auto & Shipping said:
“As Cambodia’s IAA market alliance, we are helping our customers navigate the process of buying and importing American vehicles to their home country.” Veng added: “Using IAA’s state-of-the-art bidding platform and merchandising tools, our customers will be able to purchase a vehicle that fits their unique needs efficiently and with a high level of confidence.”
Visit IAAI.com
