Carro
Singapore’s Carro launches assurance certification for used cars
Singapore-based used car marketplace Carro has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including…
October 5, 2022
Singapore,Asia,TechNode Global Q&A and Interviews,SEA,eCommerce
Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam
Singapore-based used car marketplace Carro, which announced its expansion into Japan last week, sees many opportunities in the country as the Japan’s used car market size is…
September 29, 2022
Singapore,Transportation,News,Asia
Carro expands to Japan through partnership with Softbank
Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO…
September 20, 2022
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million). The…
September 2, 2022
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
Southeast Asian online used-car marketplace Carro has acquired a 50 percent stake in the rental unit of Indonesian automotive group PT Mitra Pinasthika Mustika Tbk for nearly $54…
June 7, 2022
Softbank, Tencent-backed Indian used car platform Cars24 raises $400M
India-based used car platform Cars24 announced on Monday the closing of a $400 million round of funding including a $300 million Series G equity round alongside $100 million debt…
December 20, 2021
FinTech,Malaysia,News,eCommerce,TechNode Global Q&A and Interviews
Carsome spots a gap in auto-financing for graduates, aims to introduce similar product in Indonesia, Thailand after Malaysia
The Malaysian first tech unicorn spotted an 'underserved' or 'unserved' segment in auto-financing. Southeast Asian used car marketplace Carsome Group, which has recently reached…
September 13, 2021
Singapore,eCommerce,Investments,News,AI,Thailand
Singapore automotive startup Motorist raises $891K seed funding led by JobsCentral co-founder
Singapore-headquartered automotive startup Motorist has closed S$1.2 million ($891,781) in seed funding invested by an AngelCentral syndicate led by Lim Der Shing, co-founder of…
September 9, 2021
Singapore,Transportation,News,Investments
$360M Series C funding makes online car marketplace Carro Singapore’s newest unicorn
Carro, Singapore’s “Alibaba of Cars,” has breached the $1 billion valuation mark after obtaining a $360 million Series C funding. This makes the company the seventh unicorn based…
June 15, 2021
Temasek participates in US’s EV battery maker ONE $300M funding
February 3, 2023
Grab appoints Adelene Foo as Managing Director of Grab Malaysia
February 3, 2023
Temasek participates in US’s EV battery maker ONE $300M funding
February 3, 2023
Grab appoints Adelene Foo as Managing Director of Grab Malaysia
February 3, 2023