How a Dubai-based German Entrepreneur’s Risk Ended up in a $1 Billion Car Selling Tech Startup

You can sell your car in 30 mins

Walid AO
6 min readOct 28, 2020

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Screenshot by the Author — Source: www.youtube.com/

We don’t always have to look at Silicon Valley to find the next giant tech company. Tech companies can emerge anywhere in the world. Tech companies do not always have to create a new market segment; they can venture into an existing one and become the biggest player in this segment.

Saygin Yalcin created the biggest online car selling platform in the United Arab Emirates (UAE). Yalcin created and launched Sellanycar.com in the UAE in September 2013, and the service is now the biggest car buying service in the UAE — and the Middle East. The company expanded to the German market with plans to expand to Europe and the rest of the Middle East and North Africa.

Sellanycar.com was not Yalcin’s first startup; he had success before in other market sectors. However, sellanycar.com is his biggest success. The startup catapulted Yalcin to celebrity status in Dubai, Turkey, and Germany. The sellanycar.com CEO is not just a successful entrepreneur; he is also a successful social media personality and an influencer.

He has his own take on business, investment, and influencing. So, now is the time to ask,

Who is Saygin Yalcin?

Saygin Yalcin

Saygin Yalcin is a Dubai based German entrepreneur of Turkish origin. He was born on April 25th, 1984, in Bremen (Germany) to Turkish migrants. The straight-A student graduated from the WHU-Otto Beisheim School of Management and moved to Dubai in 2009 with only his backpack and a plan to start an online fashion business in Dubai.

He started Sukar.com in 2009, a Middle East online shopping club that offers deals from designer clothes snd lifestyle brands. Sukar.com was a successful business in the UAE after the economic crisis. Yalcin sold Sukar.com to Souq.com, the Middle East version of Amazon, in 2012. The deal gave Yalcin a stake in Souq.com, and he became a partner in Souq.com. A year later, he started Sellanycar.com, his most successful company yet.

You may have heard of Souq.com before. Amazon acquired Souq.com in 2017 for a whopping $580 Million, making this…

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