Planet42 Stock

planet42.comTransportation / RidesharingFounded: 2017

Planet42 is a South African-based company that enables people to access personal vehicles when they have been unable to finance a vehicle through traditional financing. Customers apply for a vehicle, Planet42 reviews the application and if approved, the company purchases a vehicle on behalf of the customer and rents it to the customer on a subscription basis. Customers can choose to purchase the vehicle from Planet42 at any time for the buy-out price, which gets lower every month.

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Planet42 investors also invested in these private companies

Naspers
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Team

Management Team

Eerik Oja
Co-Founder & Chief Executive Officer
Marten Orgna
Co-Founder & Chief Financial Officer
Grant Wing
Chief Operating Officer & Managing Director

Planet42 stock FAQs

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Can you buy Planet42 stock?

As Planet42 is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private company like Planet42, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not an accredited investor, discover how to begin the process to potentially qualify for new investment opportunities.
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Can you sell Planet42 stock?

Yes, you may be able to sell your Planet42 stock, subject to certain conditions. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company's interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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  2. Indicate your interest to sell your Planet42 stock on our platform.
  3. Work with your dedicated Private Market Specialist who'll help guide you through every step of the transaction.
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Is Planet42 a public company?

No, Planet42 is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Planet42’s stock price?

Planet42 is a privately held company and therefore does not have a public stock price. However, you may access Planet42’s private market stock price with Forge Data.
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What is Planet42’s stock ticker symbol?

Planet42 does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $100 million in equity and debt from a wide range of investors.
Naspers Ltd., an early investor in China’s Tencent and still its largest shareholder, is backing rent-to-buy car firm Planet42 in a $100 million debt and equity fund-raising.
Updated on: Jul 26, 2024

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