Carro
News,SEA,Electric Vehicles & Mobility,Singapore
Carro raises $60M in funding round led by Cool Japan Fund
Carro, the Singapore-based online car marketplace, has raised $60 million in a round led by Japan's sovereign wealth fund Cool Japan Fund, to accelerate demand of Japanese cars across Asia Pacific.
September 18, 2025
News,Asia,Singapore,FinTech,Electric Vehicles & Mobility
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.
August 21, 2025
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.
August 6, 2025
News,China,Singapore,Malaysia,Electric Vehicles & Mobility
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.
June 16, 2025
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).
December 11, 2024
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.
July 18, 2024
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.
June 20, 2024
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.
June 18, 2024
Features,News,Singapore,eCommerce,SEA
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.
April 16, 2024
News,Malaysia,Electric Vehicles & Mobility,Singapore
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.
March 12, 2024
Softbank acquires ABB’s robotics business for $5.38B
October 8, 2025
Softbank acquires ABB’s robotics business for $5.38B
October 8, 2025