Tyrepac was founded in Singapore in 2008, and is Asia's first and South East Asia's largest online tyre retailing website. Tyrepac offers a comprehensive range of tyres, with transparent pricing, and convenience from more than 2,700 fitting locations in Asia. Tyrepac also provide quotations for battery, automotive insurance, and servicing packages in collaboration with its service partners.
Thursday, December 23, 2010
Monday, December 13, 2010
Delticom AG acquires majority stake in Tyrepac
13th December, 2010, Singapore – Delticom AG, Europe’s leading online tyre retailer and Tyrepac Pte Ltd, Asia’s First Tyre Portal, today announced the acquisition of a majority stake in Tyrepac Pte Ltd, Asia’s First Tyre Portal, for an undisclosed amount in cash. The transaction is structured as a capital increase at Tyrepac.
Tyrepac provides consumers in Asia a central platform to buy tyres online. The webshops allow easy comparison of tyre brands, patterns, and prices. In addition, the company operates a growing network of service partners who stand ready to fit the tyres. Since its foundation in 2008, Tyrepac has expanded into Malaysia, Hong Kong, China, and South Korea. “The acquisition is a landmark development for our customers, partners, and the team. We are excited to be part of the Delticom Group", says Ler Hwee Tiong, co-founder and Managing Director of Tyrepac.
Delticom AG currently operates more than 100 online shops in Europe, US and Canada. “The transaction is an important building block in our long-term Asian strategy”, says Rainer Binder, CEO of Delticom. Starting from Tyrepac’s credible brand and proven track record, the joint venture will help Delticom to reach into new high-growth, emerging markets.
“For Tyrepac, the cash inflow paves the way for accelerated growth”, explains Frank Schuhardt, CFO of Delticom and member of Tyrepac’s Executive Committee. Further support for expansion plans will also come from the strong Delticom balance sheet. Tyrepac is expected to benefit from the parent company’s operational experience, but will retain its localised go-to-market approach. Over the course of the next months, both teams are going to work closely together to integrate their systems and processes.
About Delticom
Delticom is Europe’s #1 online tyre retailer. Founded in 1999, the Hanover-based company operates more than 100 online shops in 35 countries and has served more than 4,000,000 customers so far. The company offers a wide range of products for private and business customers: over 100 tyre brands for cars, motorcycles, commercial vehicles and buses, but also complete wheels, motor oil, replacement parts and accessories. The products are delivered to any address the customer chooses. Alternatively, Delticom delivers the tyres to one of more than 25,000 service partners worldwide for professional fitting directly on to the customer’s vehicle.
Delticom is listed on the German Stock Exchange (ISIN DE0005146807, ticker symbol DEX). As of December 2010, market capitalisation stands at approximately EUR 750 million (S$ 1,300 million). The company is expected to end the 2010 fiscal year with revenues totalling more than EUR 400 million (S$ 700 million), an growth of around 30% year-on-year (2009: EUR 311 million, S$ 540 million).
About Tyrepac
Tyrepac was founded in Singapore in 2008, and is Asia’s first tyre retailing portal. Now operating in several Asian countries, Tyrepac offers a comprehensive range of car and motorcycle tyres, transparent pricing, convenience from more than 2000 service partners in Asia, and a wide variety of product information and other customer education. In Singapore, consumers can also have tyres fitted at the comfort of their home, via its mobile fitting service. Tyrepac also offers quotation for batteries, automotive insurance, and servicing packages in collaboration with its service partners.
Tyrepac provides consumers in Asia a central platform to buy tyres online. The webshops allow easy comparison of tyre brands, patterns, and prices. In addition, the company operates a growing network of service partners who stand ready to fit the tyres. Since its foundation in 2008, Tyrepac has expanded into Malaysia, Hong Kong, China, and South Korea. “The acquisition is a landmark development for our customers, partners, and the team. We are excited to be part of the Delticom Group", says Ler Hwee Tiong, co-founder and Managing Director of Tyrepac.
Delticom AG currently operates more than 100 online shops in Europe, US and Canada. “The transaction is an important building block in our long-term Asian strategy”, says Rainer Binder, CEO of Delticom. Starting from Tyrepac’s credible brand and proven track record, the joint venture will help Delticom to reach into new high-growth, emerging markets.
“For Tyrepac, the cash inflow paves the way for accelerated growth”, explains Frank Schuhardt, CFO of Delticom and member of Tyrepac’s Executive Committee. Further support for expansion plans will also come from the strong Delticom balance sheet. Tyrepac is expected to benefit from the parent company’s operational experience, but will retain its localised go-to-market approach. Over the course of the next months, both teams are going to work closely together to integrate their systems and processes.
About Delticom
Delticom is Europe’s #1 online tyre retailer. Founded in 1999, the Hanover-based company operates more than 100 online shops in 35 countries and has served more than 4,000,000 customers so far. The company offers a wide range of products for private and business customers: over 100 tyre brands for cars, motorcycles, commercial vehicles and buses, but also complete wheels, motor oil, replacement parts and accessories. The products are delivered to any address the customer chooses. Alternatively, Delticom delivers the tyres to one of more than 25,000 service partners worldwide for professional fitting directly on to the customer’s vehicle.
Delticom is listed on the German Stock Exchange (ISIN DE0005146807, ticker symbol DEX). As of December 2010, market capitalisation stands at approximately EUR 750 million (S$ 1,300 million). The company is expected to end the 2010 fiscal year with revenues totalling more than EUR 400 million (S$ 700 million), an growth of around 30% year-on-year (2009: EUR 311 million, S$ 540 million).
About Tyrepac
Tyrepac was founded in Singapore in 2008, and is Asia’s first tyre retailing portal. Now operating in several Asian countries, Tyrepac offers a comprehensive range of car and motorcycle tyres, transparent pricing, convenience from more than 2000 service partners in Asia, and a wide variety of product information and other customer education. In Singapore, consumers can also have tyres fitted at the comfort of their home, via its mobile fitting service. Tyrepac also offers quotation for batteries, automotive insurance, and servicing packages in collaboration with its service partners.
Wednesday, October 27, 2010
Kumho Ecsta HM KH31 available EXCLUSIVELY at Tyrepac
The Kumho Ecsta HM KH31 has landed in Singapore! Tyrepac has landed another first as this tyre is only exclusively available online at Tyrepac – get yours today before they are sold out!
The Kumho Ecsta HM KH31 delivers tyre performance that is very adaptive to both wet and dry roads. You can feel the difference with supreme braking in the rain and less road noise in all conditions. The cross shaped side of the shoulder breaks the water tension, the streamline round grooves push the water aside and the four straight grooves maximize drainage. The modern and distinctive sidewall design features solid lettering and comb shaped serration band.
Features:
· Balanced performance
· The best combination of in-out design
· ECSTA brand logo on the center rib
· Improved hydroplaning performance, reduced noise levels, and crisp handling
The Kumho Ecsta KH31 is currently available in six sizes, with more sizes to come soon. The current sizes available are:
- 185/60R15
- 185/55R15
- 195/60R15
- 195/55R15
- 195/50R16
- 225/55R17
The German magazine Auto Bild (one of the world’s most successful automotive titles (2.8 million readers in Germany alone) ranked the Kumho ECSTA HM KH31 third overall out of 14 summer products from 13 tyre manufacturers – including Michelin, Continental, Pirelli and Goodyear – and ‘exemplary’ overall.
Tyres in the popular size of 185/60R15 were assessed for handling, braking, driving comfort and fuel efficiency. The resulting report concluded that ‘the KH31 demonstrated a high degree of balanced performance on both wet and dry surfaces, good aquaplaning resistance and low pass-by noise levels’. The summary recorded that the KH31 was one of three tyres to offer ‘reassuringly high reserves of safety’.
Last year the KH31 tied for second place in a tyre test conducted by another well regarded German publication – Autozeitung. With its upgraded ultra high-performance tread compound technology, the KH31 boasts enhanced driving ability and extended product life.
Wednesday, August 25, 2010
Tyrepac makes shopping easier!
Tyrepac has always been striving to improve the shopping experience for our customers, and we pride ourselves on listening to our customers' feedback and how we can make that purchase simpler and more convenient.
We have undergone a couple of changes over the past few weeks to improve that experience by making minor changes to our website, without affecting the overall functionality, but ensuring our customers get their tyres more easily!
Changes include:
Making purchases without registration
Customers no longer need to register before being able to make purchases on Tyrepac, eliminating a step in the purchase process. Simply click on "Buy Now" on the item you wish to purchase, and select "Express Checkout" to get straight to buying your tyres!
Shopping by Brand
Customers tend to have brand preferences, and didn't know what brands we had available. We've answered the call by allowing customers to view all the brands or patterns we carry on Tyrepac, and see what tyres are available.
Simpler how we work explanation
Customers were often clueless about Tyrepac's innovative online retailing concept, so we simplified it into 4 simple steps:
Have more feedback and ideas on how we can improve our website? Feel free to drop us an email! info@tyrepac.com
We have undergone a couple of changes over the past few weeks to improve that experience by making minor changes to our website, without affecting the overall functionality, but ensuring our customers get their tyres more easily!
Changes include:
- Making purchases without registration
- Shopping by Brand
- Simpler how we work explanation
Making purchases without registration
Customers no longer need to register before being able to make purchases on Tyrepac, eliminating a step in the purchase process. Simply click on "Buy Now" on the item you wish to purchase, and select "Express Checkout" to get straight to buying your tyres!
Shopping by Brand
Customers tend to have brand preferences, and didn't know what brands we had available. We've answered the call by allowing customers to view all the brands or patterns we carry on Tyrepac, and see what tyres are available.
Simpler how we work explanation
Customers were often clueless about Tyrepac's innovative online retailing concept, so we simplified it into 4 simple steps:
Have more feedback and ideas on how we can improve our website? Feel free to drop us an email! info@tyrepac.com
Monday, June 14, 2010
TYREPAC announces partnership with WhereTo.sg
Singapore, 14 June 2010 – Tyrepac has announced that WhereTo.sg will become their official map provider for Singapore, providing their users with interactive maps to Tyrepac fitting locations throughout Singapore. Tyrepac Singapore currently has 34 fitting locations across the island.
Car owners and users will find this service helpful with interactive maps to reputable tyre retailers & workshops working with Tyrepac. Visitors to Tyrepac can also get an overview map of the outlets and service workshops in Singapore. Upon hovering on an outlet pin-pointed on the map, users can receive interactive directions to the outlet, with route shortcuts, and even the ability to search for amenities nearby.
“We are proud to welcome onboard WhereTo.sg as our official map provider and believe it will serve our users well.” said Tyrepac Managing Director, Ler Hwee Tiong. “This partnership with WhereTo.sg underlines our commitment to provide our users with the complete convenience of purchasing tyres online.”
“We find Tyrepac’s service to their customers highly innovative. It is about variety of choice and location convenience.” said Thomas Pramotedham, General Manager of WhereTo.sg. “We are proud to play a supporting role to Tyrepac’s service model.”
About Tyrepac
Tyrepac is Asia's first and largest online tyre retailing website. It provides consumers with a portal to compare tyre brands, patterns, and prices. Upon purchase, customers can choose one of its island-wide fitment stations for fitment, or opt for Tyrepac’s mobile service – which does door step tyre fitment and oil change. Tyrepac is registered and headquartered in Singapore.
About WhereTo.sg
WhereTo.sg, a free-for-public-use online map of Singapore, contains authoritative data from the Singapore Land Authority and rich information about where to find many other amenities.
WhereTo.sg also allows users to compile and compute travel instructions (by car or public transport) to intended destinations and display them on the map.
Car owners and users will find this service helpful with interactive maps to reputable tyre retailers & workshops working with Tyrepac. Visitors to Tyrepac can also get an overview map of the outlets and service workshops in Singapore. Upon hovering on an outlet pin-pointed on the map, users can receive interactive directions to the outlet, with route shortcuts, and even the ability to search for amenities nearby.
“We are proud to welcome onboard WhereTo.sg as our official map provider and believe it will serve our users well.” said Tyrepac Managing Director, Ler Hwee Tiong. “This partnership with WhereTo.sg underlines our commitment to provide our users with the complete convenience of purchasing tyres online.”
“We find Tyrepac’s service to their customers highly innovative. It is about variety of choice and location convenience.” said Thomas Pramotedham, General Manager of WhereTo.sg. “We are proud to play a supporting role to Tyrepac’s service model.”
About Tyrepac
Tyrepac is Asia's first and largest online tyre retailing website. It provides consumers with a portal to compare tyre brands, patterns, and prices. Upon purchase, customers can choose one of its island-wide fitment stations for fitment, or opt for Tyrepac’s mobile service – which does door step tyre fitment and oil change. Tyrepac is registered and headquartered in Singapore.
About WhereTo.sg
WhereTo.sg, a free-for-public-use online map of Singapore, contains authoritative data from the Singapore Land Authority and rich information about where to find many other amenities.
WhereTo.sg also allows users to compile and compute travel instructions (by car or public transport) to intended destinations and display them on the map.
Friday, June 4, 2010
Purchasing Tyres Based On Your Needs
One question our customer service officers in Tyrepac often ask our customers is, “What is your preference- quiet (comfort), or wet performance?”
There is unfortunately a trade off between wanting a quiet tyre, which generates minimal road noise, and tyres which gives good wet weather performance (generally noisier).
Directional design
As highlighted, tyres designed with grooves in a directional manner disperse water in the most economical manner. Outwards and away from the direction of travel to give you better wet weather performance. And in-order to ensure maximum volume of water dispersal, grooves has to be as wide as possible. However, this also generates road noise, particularly on dry road conditions, since air is trapped, compressed, and released - which results in “tyre noise”
Designs such as these cater to consumers who can tolerate road noise, and look for wet performance more than riding comfort.
There are exceptions in directional tyre design, which are meant for a quiet and comfortable ride. The way to judge would be to see how “wide” the grooves are.
Symmetrical design/ wave design, non-directional design
Symmetrical designed tyres have grooves arranged in a wave like manner, and usually have smaller lateral grooves cutting the tyre design, to further break up road noise.
Tyre designs such as these are quieter since priority is not in wet weather performance, but rather providing a quiet ride. There are again exceptions, when wider grooves are built-in to cater to wet weather.
Asymmetric design
Asymmetric designed tyres are a combination of comfort and wet weather performance- by having tyres designed combining the principles of wet weather, and principles of comfort. Half the surface of the tyre tread is designed for wet performance, while the other half is for comfort.
Asymmetric designed tyres have gradually grown in popularity in recent years, and are now readily available, but with a small premium in price.
The next time you need a set of tyres, don’t just accept what you are told. And to the many lady drivers who commonly have to “ask my boyfriend/ husband”, you now can instead educate him about the basics of tyre designs.
Happy motoring!
Ler Hwee Tiong, Managing Director
Tyrepac Pte Ltd
There is unfortunately a trade off between wanting a quiet tyre, which generates minimal road noise, and tyres which gives good wet weather performance (generally noisier).
Directional design
As highlighted, tyres designed with grooves in a directional manner disperse water in the most economical manner. Outwards and away from the direction of travel to give you better wet weather performance. And in-order to ensure maximum volume of water dispersal, grooves has to be as wide as possible. However, this also generates road noise, particularly on dry road conditions, since air is trapped, compressed, and released - which results in “tyre noise”
Designs such as these cater to consumers who can tolerate road noise, and look for wet performance more than riding comfort.
There are exceptions in directional tyre design, which are meant for a quiet and comfortable ride. The way to judge would be to see how “wide” the grooves are.
Symmetrical design/ wave design, non-directional design
Symmetrical designed tyres have grooves arranged in a wave like manner, and usually have smaller lateral grooves cutting the tyre design, to further break up road noise.
Tyre designs such as these are quieter since priority is not in wet weather performance, but rather providing a quiet ride. There are again exceptions, when wider grooves are built-in to cater to wet weather.
Asymmetric design
Asymmetric designed tyres are a combination of comfort and wet weather performance- by having tyres designed combining the principles of wet weather, and principles of comfort. Half the surface of the tyre tread is designed for wet performance, while the other half is for comfort.
Asymmetric designed tyres have gradually grown in popularity in recent years, and are now readily available, but with a small premium in price.
The next time you need a set of tyres, don’t just accept what you are told. And to the many lady drivers who commonly have to “ask my boyfriend/ husband”, you now can instead educate him about the basics of tyre designs.
Happy motoring!
Ler Hwee Tiong, Managing Director
Tyrepac Pte Ltd
Tuesday, April 27, 2010
The People of Formula Drift Singapore 2010
Much had been said about Formula Drift 2010 which took place in Singapore from 24th to 25th of April.
Personally, having attended practically all Formula Drift events, I am often touched by the people who make events such as these a success.
This feature is therefore a tribute to some of these people, who braved the sun and the rain to make Formula Drift Singapore 2010 so memorable.
The dedicated team from Formula Drift USA - among them Ryan and Jim, creator of Formula Drift.
Marcus Lim, Technical Director and franchise holder for Formula Drift Asia
Some of the operational crew for Formula Drift Asia, who toiled hard behind the scenes, and often neglected- at the starting grid, on the trackside, for inspections, registrations…the list goes on.
We cannot have a race without drivers, who often double up as models. Kudos to them for decking out in full race suit in this heat!
And we cannot have cars without the mechanics, who happens to be drivers sometimes, and who happens to be models some other times.
A special mention of the Tyrepac team, who over 3 days ensured all tyres change, was well handled and managed.
Various teams in the sponsor’s village kept visitors to the event occupied with merchandize, games, contest, food, and fun.
It is the effort of film crew and photographers, who captured all the pivotal moments of this great event to share and broadcast to the world.
And all these could not have happened without the kind sponsorship of various brands, and it definitely would not have happened without the enthusiastic crowd who came to this event.
Not forgetting (and who could have), the girls who always kept the smile, to make those few days brighter.
Lastly, not forgetting the fire fighters, the safety crew, the marshals, drivers’ support crew, the cleaners, and the security crew. The event was significant because all these people made it so.
Words: Ler Hwee Tiong, Managing Director, Tyrepac
Personally, having attended practically all Formula Drift events, I am often touched by the people who make events such as these a success.
This feature is therefore a tribute to some of these people, who braved the sun and the rain to make Formula Drift Singapore 2010 so memorable.
The dedicated team from Formula Drift USA - among them Ryan and Jim, creator of Formula Drift.
Marcus Lim, Technical Director and franchise holder for Formula Drift Asia
Some of the operational crew for Formula Drift Asia, who toiled hard behind the scenes, and often neglected- at the starting grid, on the trackside, for inspections, registrations…the list goes on.
We cannot have a race without drivers, who often double up as models. Kudos to them for decking out in full race suit in this heat!
And we cannot have cars without the mechanics, who happens to be drivers sometimes, and who happens to be models some other times.
A special mention of the Tyrepac team, who over 3 days ensured all tyres change, was well handled and managed.
Various teams in the sponsor’s village kept visitors to the event occupied with merchandize, games, contest, food, and fun.
It is the effort of film crew and photographers, who captured all the pivotal moments of this great event to share and broadcast to the world.
And all these could not have happened without the kind sponsorship of various brands, and it definitely would not have happened without the enthusiastic crowd who came to this event.
Not forgetting (and who could have), the girls who always kept the smile, to make those few days brighter.
Lastly, not forgetting the fire fighters, the safety crew, the marshals, drivers’ support crew, the cleaners, and the security crew. The event was significant because all these people made it so.
Words: Ler Hwee Tiong, Managing Director, Tyrepac
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