Carro

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

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

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.

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.

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 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.

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.

Carro, a Singapore-based online used car platform, has unveiled two new branches in Kingkaew and Tiwanon, bringing its total branches in Thailand to five. The move is to bring its certified cars to more people across the suburbs of Bangkok city.

Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.