Socar geared up for further growth in 2023

PETALING JAYA: Malaysia’s leading car-rental app Socar is confident of its growth prospects this year, bolstered by promising numbers it achieved across 2022.

It noted Malaysians are increasingly embracing the sustainable mobility solution that Socar offers. “Even as Malaysia relaxed travel restrictions, Socar’s service offerings proved appealing to drivers, enabling the company to record healthy growth in 2022,” it said in a statement today.

Socar recorded robust month-on-month growth, with a 60% increase in users, from 5,000 during the conditional movement control order (CMCO) period in 2020 in the midst of the Covid-19 pandemic to over 20,000 when travel restrictions were lifted.