PETALING JAYA: Zetrix AI Bhd has launched RideNow, a motorcycle digital marketplace designed to combat online fraud and scams by connecting motorcycle owners with a network of verified dealers through a secure, controlled bidding process.
Developed by its subsidiaries, MY EG Sdn Bhd (MYEG) and MYEG TwoCar Sdn Bhd, in collaboration with Autzen Marketing Sdn Bhd, RideNow provides a more secure and transparent way for owners to sell their bikes.
“Recent media reports indicate that the number of registered motorcycles in Malaysia has reached up to 19 million.
“This sizeable market presents an opportunity to make motorcycle transactions more systematic and reliable,” said Zetrix AI in a statement. RideNow brings motorcycle valuation, mobile inspection, dealer participation, vehicle collection, ownership transfer and payment together on one platform.
“By verifying participating dealers and inspecting eligible motorcycles before they enter the bidding process, RideNow gives sellers a more integrated and secure alternative to informal selling channels.”
The company said RideNow is engaging with a growing network of industry players to explore opportunities that can strengthen its ecosystem.
“These include ongoing discussions and potential collaborations with organisations such as Motosikal dan Enjin Nasional Sdn Bhd (Modenas), Aeon Credit Service (M) Bhd
and Boon Siew Honda Sdn Bhd, among others.”
