WeBuyCars kisses R8.57 billion goodbye

• WeBuyCars has fallen out of favour with investors, with the JSE-listed company’s share price down 42.79% year-to-date.
• The company's market value has declined by R8.62 billion due to the rise of affordable Chinese cars.
• WeBuyCars was unbundled from its parent company to raise cash and listed separately on the JSE, with a market capitalisation of R8.5 billion at its listing.