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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.
यह कहानी The Straits Times के September 18, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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