Flux (Malaysia)
| Private | |
| ISIN | 🆔 |
| Industry | Technology & Internet, Car Subscription, Automotive |
| Founded 📆 | 2018 |
| Founder 👔 | Aziz Ayman |
| Headquarters 🏙️ | Solaris Mont Kiara, Kuala Lumpur, Malaysia |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
FLUX is a Malaysian online marketplace for monthly car and motorcycle subscriptions.[1]. The company acts as a broker and charges a commission from each subscription between hosts and subscribers[2]. The company was founded in 2018 with the aim of redefining the way that people own vehicles as an alternative to traditional loans.
History
FLUX was launched in Malaysia in 2019 when it recognized that car loans, which hadn't been innovated upon within the past two decades, often resulted in households defaulting on their debt.
FLUX aimed to address these issues by creating an online platform that would connect vehicle owners with underutilized cars and motorcycles with individuals who want to subscribe to them[3]
References
- ↑ Yunus, Rahimi (2019-11-27). "Over half of car users prepared to give up ownership in favour of leasing". The Malaysian Reserve.
- ↑ Nair, Subhash (2020-11-18). "Car Subscription Via Flux: We Learn And Try It Ourselves". Retrieved 2020-11-18.
- ↑ Reserve, The Malaysian. "Car subscription eases burden of ownership, transforms mobility". The Malaysian Reserve.
This article "Flux Malaysia" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Flux Malaysia. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
