Carro

Carro partners SY Holdings to expand tech-driven financing solutions

Carro, the Singapore-based online used car platform, has signed a Memorandum of Understanding with fintech platform SY Holdings, entering a strategic partnership that will support Carro’s expansion plans through tech-enabled financing solutions.

Singapore’s Carro preparing for US IPO with over $3B valuation – report

The unicorn is aiming for a valuation of more than $3 billion, Reuters reported.

ZEEKR appoints Carro as latest authorized dealer in Malaysia

Zeekr, the China-based premium new energy vehicle group, has appointed Carro as its latest authorized dealer in Malaysia.

Singapore’s Carro receives strategic investment from Woori for SEA expansion plans

Carro, a Singapore-based online used car platform, said Tuesday it has received strategic investment from Woori Venture Partners as the firm ramping up expansion plans in Southeast Asia (SEA).

Singapore-based tech unicorn Carro opens regional office in Hong Kong

Singapore-based used car online platform Carro has opened a regional office in Hong Kong.

Carro gets $56M multi-currency loan from HSBC to fund fintech arm Genie Financial Services

Singapore-based online used car marketplace Carro has signed a SGD 75 million ($55.52 million) multi-currency loan with HSBC to fund its fintech arm, Genie Financial Services.

Carro opens first Asia Pacific 4S Center in Seremban of Malaysia

Singapore-based used car online platform Carro has opened its first 4S Center in Asia-Pacific in Seremban of Malaysia, as part of its commitment to redefine used cars with technology and expertise.

Softbank-backed Carro seeks valuation above $2B as it prepares for IPO- report

Carro is raising capital during one of the hardest possible times for fledgling firms. The Southeast Asia technology industry has been plagued by job cuts, CEO resignations and falling startup valuations, making it difficult for companies to debut on public markets.

MyTukar renames to Carro, appoints Malaysian influencer Phei Yong as first brand ambassador

MyTukar powered by Carro, Malaysia’s used car ecosystem, has renamed to Carro, signifying a move that will bring more of Carro’s cutting-edge technologies, products, and services to Malaysian customers.

Softbank-backed Carro expands into Hong Kong with Beyond Cars acquisition

Carro, Southeast Asia's largest online used car platform, has on Thursday announced its acquisition of Beyond Cars, one of the leading used car platforms in Hong Kong. With Hong Kong under its belt, the firm is now present in a total of seven markets, including Singapore, Malaysia, Indonesia, Thailand, Japan, and Taiwan.