Carro posts 67% revenue jump in FY 2023, generates positive adjusted EBITDA
Tech in Asia·2024-03-27 20:00
Photo credit: Carro
Used-car marketplace Carro recorded a jump in revenue last year, as sales continued to rise and its investments in other areas like financing, insurance, and aftersales bloomed.
The Singapore-based company’s revenue grew 67% year on year to S$1.1 billion (US$818 million) in the financial year ended March 31, 2023, according to its audited financial statement.
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