Auto Server <5589> announced on the 2nd the preliminary trade volume results for November 2024 for their members-only used autos distribution service platform "ASNET."
In November 2024, the total number of trades on ASNET reached 19,984, marking an increase of 103.1% compared to the same month last year. The November trade volume represents 112.4% compared to the average for the past seven years (2017-2023).
As a result, the cumulative year-on-year comparison for January to November 2024 stands at 102.9%.
The breakdown of transaction volumes by ASNET service (auction agency service and AS One Pla service) is disclosed in quarterly financial reports.
Additionally, the company announced the implementation of AI features in the AS One Platform service on the same day.
The company provides a web version and smartphone app as listing tools for the AS One Platform service, and this time, they have added their self-developed AI features to these tools.
This is aimed at reducing the workload for listings on AS One Platform and increasing the number of listings, anticipating further expansion of the AS One Platform service, and continuing to support used autos businesses and promote DX to invigorate the used autos distribution.