Southeast Asian Used-Car Marketplace Carsome Sees Path To Profitability In 2024
Carsome is expected to break even by the end of the year and reach full-year profit in 2024, said cofounder and CEO Eric Cheng.
Source: forbes.com
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Used-Car Platform CARS24 Raises $400 Million At Valuation Of $3.3 Billion
India's CARS24 said on Monday it had raised $400 million in a funding round that saw participation of asset manager Alpha Wave Global, valuing the used-car retailing platform at $3.3 billion.
Source: ndtv.com
Digital Drives Greater Demand for Used Cars from Spinny
Digital Drives Greater Demand for Used Cars from Spinny Wednesday, May 19, 2021 4:00PM IST (10:30AM GMT) Offers car buying and selling experience #withextracare Spinny - Rising demand for preowned cars New Delhi, Delhi, India: Rising demand for preowned cars in the Rs 4 lakh to Rs 6 lakh price range Spinny, India’s leading used-car platform, has witnessed rising demand for preowned cars through its contactless digital modes. As a full-stack used-car platform, Spinny sold 9,100-plus used cars till 2020, with a 38% refe...
Source: businesswireindia.com