Carro

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Founded in 2015, Carro is Southeast Asia's largest online used car marketplace. By offering a trustworthy and transparent experience, Carro transforms the traditional way of buying and selling cars through proprietary pricing algorithms, AI-enabled capabilities, and innovative technological solutions. Carro holds a strong presence in key markets across Asia Pacific, including Malaysia, Indonesia, and Thailand, and has recently expanded its reach to Japan and Taiwan. Headquartered in Singapore, the unicorn startup is supported by more than 4,500 employees across Asia-Pacific and has raised over US$1B in debt and equity from Temasek, Softbank Vision Fund and several other sovereign funds.

Company Details

Employees
1.14K
Founded
-
Address
28 Sin Ming Lane, #01-134 Midview City,indonesia
Industry
Motor Vehicle Manufacturing
NAICS
Motor Vehicle Manufacturing
Automobile and Light Duty Motor Vehicle Manufacturing
Heavy Duty Truck Manufacturing
Automobile Manufacturing
Light Truck and Utility Vehicle Manufacturing
Website
carro.sg
HQ
Singapore, Singapore
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News

Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing - Reuters

Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing Reuters

Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing - Yahoo Finance

Singapore's Carro eyes M&A, Australia foray ahead of potential dual listing Yahoo Finance

Singapore’s Carro raises $60 million to promote Japanese cars in Asia By Reuters - Investing.com

Singapore’s Carro raises $60 million to promote Japanese cars in Asia By Reuters Investing.com

Singapore's Carro raises $60 million to promote Japanese cars in Asia - Reuters

Singapore's Carro raises $60 million to promote Japanese cars in Asia Reuters

Singapore's Carro preparing for US IPO with over $3B valuation - report - TNGlobal

Singapore's Carro preparing for US IPO with over $3B valuation - report TNGlobal

Singapore’s Carro is reportedly targeting a US IPO with over S$3.8 billion valuation - Vulcan Post

Singapore’s Carro is reportedly targeting a US IPO with over S$3.8 billion valuation Vulcan Post

Sources: Singapore’s Carro Eyes US IPO at Valuation Exceeding $3 Billion - The Exchange Asia

Sources: Singapore’s Carro Eyes US IPO at Valuation Exceeding $3 Billion The Exchange Asia

Singapore’s Carro raises $76.6 million to promote Japanese cars in Asia - The Straits Times

Singapore’s Carro raises $76.6 million to promote Japanese cars in Asia The Straits Times

Singapore unicorn Carro raises $60m from Cool Japan Fund and other backers - Nikkei Asia

Singapore unicorn Carro raises $60m from Cool Japan Fund and other backers Nikkei Asia

Carro aims to treble Ebitda to S$130m ahead of potential IPO - The Business Times

Carro aims to treble Ebitda to S$130m ahead of potential IPO The Business Times

Carro could raise up to $642m in US IPO: report - Singapore Business Review

Carro could raise up to $642m in US IPO: report Singapore Business Review

Singapore's Carro targets US IPO with over $3 billion valuation, sources say - Reuters

Singapore's Carro targets US IPO with over $3 billion valuation, sources say Reuters

Singapore's Carro preparing for US IPO with over US$3b valuation, Reuters reports - The Edge Malaysia

Singapore's Carro preparing for US IPO with over US$3b valuation, Reuters reports The Edge Malaysia

Carro rolls out brand new cars in Singapore - TNGlobal

Carro rolls out brand new cars in Singapore TNGlobal

Singapore’s Steep Car Prices Propel SoftBank’s Unicorn Carro Toward IPO - Bloomberg.com

Singapore’s Steep Car Prices Propel SoftBank’s Unicorn Carro Toward IPO Bloomberg.com

Singapore’s Carro targets US IPO with over $3.8 billion valuation, sources say - The Straits Times

Singapore’s Carro targets US IPO with over $3.8 billion valuation, sources say The Straits Times

Singapore’s Car Market Carro Becomes Unicorn With $360 Million Funding Round - Forbes

Singapore’s Car Market Carro Becomes Unicorn With $360 Million Funding Round Forbes

Carro CEO Aaron Tan wants ‘007’ staff who can make themselves redundant through AI - The Business Times

Carro CEO Aaron Tan wants ‘007’ staff who can make themselves redundant through AI The Business Times

Carro raises $76.7m from Japan’s wealth sovereign fund - Singapore Business Review

Carro raises $76.7m from Japan’s wealth sovereign fund Singapore Business Review

Singapore's Carro receives strategic investment from Woori for SEA expansion plans - TNGlobal

Singapore's Carro receives strategic investment from Woori for SEA expansion plans TNGlobal

Singapore Car Startup Seeks Valuation of Over $1.5 Billion - Bloomberg.com

Singapore Car Startup Seeks Valuation of Over $1.5 Billion Bloomberg.com

Carro Care is Now Available in Singapore - Coverager

Carro Care is Now Available in Singapore Coverager

Jardine Matheson’s Investment Arm To Partner With Singapore Used Car Marketplace Carro - Forbes

Jardine Matheson’s Investment Arm To Partner With Singapore Used Car Marketplace Carro Forbes

Singapore’s Carro lands $12M to expand its auto listings business to vehicle financing - TechCrunch

Singapore’s Carro lands $12M to expand its auto listings business to vehicle financing TechCrunch

Used car marketplace Carro reports record ebitda for FY2023 at US$4 mil - Yahoo! Finance Singapore

Used car marketplace Carro reports record ebitda for FY2023 at US$4 mil Yahoo! Finance Singapore

Singapore start-up Carro bags $360 million in funds from SoftBank and others - CNBC

Singapore start-up Carro bags $360 million in funds from SoftBank and others CNBC

How is Carro removing speed bumps from Southeast Asia’s used car market? - HSBC

How is Carro removing speed bumps from Southeast Asia’s used car market? HSBC

Singapore’s Future Decacorn? Carro Has Big Ambitions For The Online Car Market In Southeast Asia - Forbes

Singapore’s Future Decacorn? Carro Has Big Ambitions For The Online Car Market In Southeast Asia Forbes

Southeast Asian car marketplace Carro takes 50% stake in Indonesian rental firm - Yahoo! Finance Singapore

Southeast Asian car marketplace Carro takes 50% stake in Indonesian rental firm Yahoo! Finance Singapore

Carro Care Singapore - get $20 service voucher for every $100 spent and a free vehicle health check! - Paul Tan

Carro Care Singapore - get $20 service voucher for every $100 spent and a free vehicle health check! Paul Tan

SoftBank Corp. and Singapore’s Carro Team Up to Digitally Transform Japan’s Used Car Market - ソフトバンク

SoftBank Corp. and Singapore’s Carro Team Up to Digitally Transform Japan’s Used Car Market ソフトバンク

Carro becomes Singapore’s latest unicorn after SoftBank-led USD 360 million injection - KrASIA

Carro becomes Singapore’s latest unicorn after SoftBank-led USD 360 million injection KrASIA

UPDATE 1-Singaporean automotive marketplace Carro says raises $360 mln to become unicorn - Yahoo! Finance Singapore

UPDATE 1-Singaporean automotive marketplace Carro says raises $360 mln to become unicorn Yahoo! Finance Singapore

Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO - The Straits Times

Singapore-based Carro in talks to raise over US$100m ahead of potential US IPO The Straits Times

$360M Series C funding makes online car marketplace Carro Singapore's newest unicorn - TNGlobal

$360M Series C funding makes online car marketplace Carro Singapore's newest unicorn TNGlobal

Carro tackles lack of transparency in used car dealerships - todayonline.com

Carro tackles lack of transparency in used car dealerships todayonline.com

Carro’s fintech arm launches financing plan for EVs, hybrid cars - Tech in Asia

Carro’s fintech arm launches financing plan for EVs, hybrid cars Tech in Asia

Carro rolls out in Japan with SoftBank collaboration - Tech in Asia

Carro rolls out in Japan with SoftBank collaboration Tech in Asia

Carro Secures Investment From ZA Tech to Enhance Product Offerings - Fintech Singapore

Carro Secures Investment From ZA Tech to Enhance Product Offerings Fintech Singapore

Softbank-backed Carro sees 'many' opportunities in Japan market; eyeing Australia, Philippines, Vietnam - TNGlobal

Softbank-backed Carro sees 'many' opportunities in Japan market; eyeing Australia, Philippines, Vietnam TNGlobal

Carro car subscription plans take the hassle out of car ownership - torque.com.sg

Carro car subscription plans take the hassle out of car ownership torque.com.sg

Carro launches car subscription service in Singapore - Tech in Asia

Carro launches car subscription service in Singapore Tech in Asia

From entrepreneur at 13 to heading a unicorn start-up: What drives Carro co-founder Aaron Tan - CNA

From entrepreneur at 13 to heading a unicorn start-up: What drives Carro co-founder Aaron Tan CNA

Singapore's used car platform Carro buys 50% stake in Indonesian rental firm MPMRent - report - TNGlobal

Singapore's used car platform Carro buys 50% stake in Indonesian rental firm MPMRent - report TNGlobal

This S’porean Stepped Up A Gear To Grow Carro Into SEA’s Largest Car Marketplace In 5 Years - Vulcan Post

This S’porean Stepped Up A Gear To Grow Carro Into SEA’s Largest Car Marketplace In 5 Years Vulcan Post

Jardine C&C and Carro enter strategic partnership for used cars and aftersales - The Business Times

Jardine C&C and Carro enter strategic partnership for used cars and aftersales The Business Times

Carro and MSIG Launches AI-Powered Behaviour Based Insurance to Reward Safe Drivers - Fintech Singapore

Carro and MSIG Launches AI-Powered Behaviour Based Insurance to Reward Safe Drivers Fintech Singapore

Used-car marketplace Carro will now lend you money to buy a car - Tech in Asia

Used-car marketplace Carro will now lend you money to buy a car Tech in Asia

With $60m fresh funding in the tank, Carro aims to be the region’s top auto market - Tech in Asia

With $60m fresh funding in the tank, Carro aims to be the region’s top auto market Tech in Asia

Carro swaps growth for profitability, as losses fall 92% in FY24 - The Business Times

Carro swaps growth for profitability, as losses fall 92% in FY24 The Business Times

Carro simplifies car buying, selling - The Business Times

Carro simplifies car buying, selling The Business Times

Carro bags another US$15.6m in ongoing Series C round - The Business Times

Carro bags another US$15.6m in ongoing Series C round The Business Times

Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund - The Business Times

Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund The Business Times

Car marketplace to accelerate through Southeast Asia with $5.3m series A - Tech in Asia

Car marketplace to accelerate through Southeast Asia with $5.3m series A Tech in Asia

From Venture Capitalist To Startup Founder – Aaron Tan Of Carro Raises US$5.3M In Funding - Vulcan Post

From Venture Capitalist To Startup Founder – Aaron Tan Of Carro Raises US$5.3M In Funding Vulcan Post

How used car dealers make money; tips for selling your car - The Straits Times

How used car dealers make money; tips for selling your car The Straits Times

Aaron Tan - Tatler Asia

Aaron Tan Tatler Asia

ZEEKR appoints Carro as latest authorized dealer in Malaysia - TNGlobal

ZEEKR appoints Carro as latest authorized dealer in Malaysia TNGlobal

Carro Launches S’pore’s First ‘Pay-As-You-Drive’ Car Insurance: Drive Less, Pay Less - Vulcan Post

Carro Launches S’pore’s First ‘Pay-As-You-Drive’ Car Insurance: Drive Less, Pay Less Vulcan Post

Carro and Carsome: Valuations run fast and furious, but true test lies in fintech - The Business Times

Carro and Carsome: Valuations run fast and furious, but true test lies in fintech The Business Times

Car wars: Singapore’s Carro vs. Malaysia’s Carsome - Tech in Asia

Car wars: Singapore’s Carro vs. Malaysia’s Carsome Tech in Asia

DBS partners sgCarMart and Carro to create Singapore’s largest direct buyer-to-seller car marketplace - DBS Bank

DBS partners sgCarMart and Carro to create Singapore’s largest direct buyer-to-seller car marketplace DBS Bank

Singapore’s fastest-growing companies 2024 - The Straits Times

Singapore’s fastest-growing companies 2024 The Straits Times

Jardine Cycle & Carriage in $80m tie-up with used car marketplace Carro - The Straits Times

Jardine Cycle & Carriage in $80m tie-up with used car marketplace Carro The Straits Times

Newest Singapore unicorn Carro set to grow in South-east Asia - The Straits Times

Newest Singapore unicorn Carro set to grow in South-east Asia The Straits Times

PNB in talks to lead latest funding round in Singapore’s Carro, say sources - The Edge Malaysia

PNB in talks to lead latest funding round in Singapore’s Carro, say sources The Edge Malaysia

Why You Should Bookmark Carro If You’re A Car Buyer Or Seller In Singapore - Vulcan Post

Why You Should Bookmark Carro If You’re A Car Buyer Or Seller In Singapore Vulcan Post

Carro introduces a car subscription service with prices beginning at S$1,199 per month - HardwareZone

Carro introduces a car subscription service with prices beginning at S$1,199 per month HardwareZone

Auto Bavaria Sg. Besi: Grab the E90 BMW 3-Series 323i with a special financing plan [AD] - Paul Tan

Auto Bavaria Sg. Besi: Grab the E90 BMW 3-Series 323i with a special financing plan [AD] Paul Tan

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