Reported about 5 hours ago
Carro, Southeast Asia’s largest used-car online marketplace, is considering a dual listing and plans to expand into Australia while pursuing two to three acquisitions in the next quarter. Co-founder and CEO Aaron Tan mentioned that the company is exploring U.S., Hong Kong, and Singapore as potential listing venues, aiming for a valuation exceeding $3 billion. Additionally, Carro is leveraging artificial intelligence to enhance its operations and reduce tech costs.
Source: YAHOO