Carro
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More than 300 startups from over 50 countries are converging in Singapore this week for North Star Asia, the startup showcase of GITEX AI ASIA 2026, as the global startup economy pivots from consumer-first applications toward enterprise, industrial, and government-grade AI solutions. Asia-Pacific emerges as the centre of enterprise startup momentum The event, taking place…
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Southeast Asia’s largest and most profitable online used car platform, Carro, has reported remarkable achievements in terms of profitability for the first quarter of the fiscal year 2024. Despite a seasonally weaker quarter due to regional holidays, the company exceeded its profitability targets and achieved its highest EBITDA of over US$4 million for the month…
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Carro, Southeast Asia’s leading online used car platform, has announced a strategic investment in Driven Communications, a portfolio of websites that includes paultan.org, carbase.my, and oto.my. The move aims to strengthen Carro’s presence in the automotive industry and expand Driven Communications’ reach beyond Malaysia. The investment is expected to be finalized within two months. Paul…
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Jardine Cycle & Carriage, a prominent regional automotive player, and Carro, a leading tech used car platform, have announced a strategic partnership aimed at revolutionizing the used car and aftersales sectors of automotive retailing. Valued at over USD60 million, this groundbreaking collaboration brings together the strengths of both companies to create a hybrid analog-digital ecosystem…
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Carro, the largest and most profitable online used car platform in Southeast Asia, has announced its impressive financial results for the fiscal year ending in March 2023. The company achieved a record-breaking positive EBITDA (earnings before interest, taxes, depreciation, and amortization) of $4 million, marking its best-ever full-year performance. Carro also achieved an annualized run-rate…
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Carro, the largest used car marketplace in Southeast Asia, has launched its first festive brand film for Eid al-Fitr, highlighting the themes of love, understanding, and togetherness. Titled “Drive,” the film follows the story of a father and son who reunite during the holiday season to fix up their old car together. The film is…
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Carro, the largest used car marketplace in Southeast Asia, is giving away a brand-new Hyundai IONIQ 5 electric vehicle (EV) produced by Hyundai Motor Group Innovation Centre. The competition will run for seven weeks from 13 March to 29 April, with one lucky winner chosen through a series of contests on Kiss92 FM radio station…
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Carro, Southeast Asia’s largest automotive marketplace, has announced the appointment of Annop (Michael) Kettratad as the Chief Branding Officer. In his additional role, Michael will be responsible for accelerating Carro’s brand in the retail business (B2C). Michael will continue to serve as Chief Executive Officer of Carro Thailand, where he was appointed to the role…
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Carro, Southeast Asia’s largest automotive marketplace, has announced the launch of Covered, Singapore’s first artificial intelligence (AI)-driven pay-per-kilometre insurance and maintenance plan. With Covered, drivers can tailor their insurance premiums and maintenance coverage according to their lifestyles on a trusted digital platform, enabling them to enjoy increased savings, better convenience, more transparency and a hassle-free…
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Carro, Southeast Asia’s largest automotive marketplace, has announced the launch of its Showroom Anywhere. This new concept takes cars out of traditional car showrooms and into the parking lots of neighbourhood shopping malls where car buyers can view the cars independently at their own time and pace, significantly improving the customer experience. Rising interest in…
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