Introduction to scope of business

SgCarMart.com was set up in 2004 to facilitate the buying and selling of cars as well as to enable potential car buyers to obtain reliable information to suit their needs. sgCarMart not only collates car reviews and car advice, it also provides information about new cars. It has an estimated worth of over US$145,000 according to a review in Website Outlook (see http://www.websiteoutlook.com/www.sgcarmart.com). It is an example of one of the many dot-com companies that have capitalized on the advent of internet communications technology in their business models.