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S’pore’s Carro raises $76.6m to promote Japanese cars in Asia-Pacific
The Straits Times
|September 18, 2025
Carro, Southeast Asia’s largest used-car online marketplace, has raised US$60 million (S$76.6 million) in a funding round led by Japan sovereign wealth fund Cool Japan Fund, the company said on Sept 17.
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The investment will go towards promoting Japanese cars across the Asia-Pacific region, Carro said in a statement, adding that it was confident it could increase the market share of Japanese plugin hybrid electric vehicles in the region.
Besides Singapore, Carro has a presence in markets including Malaysia, Indonesia, Thailand, Japan, Taiwan and Hong Kong.
Diese Geschichte stammt aus der September 18, 2025-Ausgabe von The Straits Times.
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