Featured NewsJune 16, 2021

Amazon, e-commerce giant, enters car rental market in the UAE

The service targets customers in the following: Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah. Amazon launched its services through Amazon Home Services and will offer customers across the country options to rent out SUVs, hatchbacks, and sedans for the duration of one day to one month.

The services include, the full rental duration, delivery and collection fees of the selected car and third-party auto insurance, with no security deposit required – rates start from AED44 per day and can be booked online through the Amazon Home Services page.

In line with guidelines issued by Dubai’s Roads and Transport Authority (RTA), the car rental service provider selected through Amazon Home Services, will reach out directly to customers to request a copy of their Emirates ID, driver’s license, passport visa page, and credit card to secure their bookings.

The US tech giant launched its marketplace, Amazon Home Services last year to enable customers to book online some services on demand, such as home cleaning and improvement, AC cleaning, mobile repair, pet grooming, Car washing and furniture assembly, as well as home disinfection, pest control and moving services.

“We launched Amazon Home Services last year to give customers in the UAE a simple way to book services from locally-based service providers with the same ease as purchasing products from Amazon.ae,” said Amine Mamlouk, Amazon Middle East and North Africa executive. Mamlouk also mentioned that Amazon Home Services offers a marketplace for over 95 on-demand professional services.

According to the Allied Market Research, the global car rental market is expected to generate $214 billion by 2027, consequent of an increased on-demand transportation services and a reduced inclination toward car ownership among the millennial population.

The UAE has one of the largest car rental markets in the Gulf where the market is forecast to grow at a compound annual growth rate (CAGR) of 15.7 percent between 2020 and 2025, according to Mordor Intelligence.

Originally published on: https://www.arabianbusiness.com/