| Date | Title | Description |
| 11.02.2026 | Carro unveils quirky generative AI ad campaign highlighting its 'Surprisingly Short' AI-enabled car-selling process | Carro's AI-enabled car-selling process promises customers a 15-minute response, 30-min inspection and 24-hour payments, all supported by proprietary AI agents, tools and workflows
The marketing campaign leverages generative AI, mirroring th... |
| 09.02.2026 | Carro deepens its Brand New Car strategy, expands product line as it becomes Dongfeng Motor Corporation's newest authorised dealer in Singapore and Malaysia | Carro opens 2 new exclusive showrooms for Dongfeng in Sin Ming, Singapore and PJ Midtown, Selangor
All Dongfeng cars by Carro will come with Authorised Dealer warranties as well as Carro's financing and insurance solutions
Customers can loo... |
| 19.12.2025 | Move over, golf. Padel is fast becoming the new networking playground for PMETs | Listen
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When some of Mr Dylan Ong's business associates invited him to a game of padel in September last year, he assumed it would simply be an hour of workin... |
| 21.11.2025 | Carro officially unveils new flagship store spanning 3 floors in Hong Kong with Carro Celebrity Ambassador Moses Chan at Grand Opening event | Carro's newest showroom in BMW House aims to be the #1 premier destination for pre-owned cars, with retail and aftersales services under one roof
Carro Celebrity Ambassador and car enthusiast Moses Chan says he's always been particular abou... |
| 30.10.2025 | Carro Achieves Record Financials, Secures $60 Million Investment to Drive Asia Pacific Automotive Growth | Carro, Asia Pacific's leading online automotive marketplace, achieved record FY2025 financial results. Revenues soared to S$1.2 billion. Gross profit reached S$149 million. The company also secured a pivotal US$60 million investment. Cool J... |
| 30.10.2025 | Carro posts record revenues and gross profit for FY2025, closes US$60m strategic investment led by Cool Japan Fund | - Best-ever revenues of S$1.2 billion (US$898 million), a 15% year-on-year growth
- Best-ever Gross Profit of S$149 million (US$111 million), a 20% year-on-year growth
- Gross Profit Margin (GPM) improved to 12.4% compared to 11.8% in FY202... |
| 17.09.2025 | Carro raises USD60 million in a round led by Cool Japan Fund to accelerate demand of Japanese cars across Asia Pacific | Overall demand for used cars is expected to grow; Carro to capture and accelerate growth of Japanese used cars
Capital injection to help showcase Japan's advanced automotive technologies across region
SINGAPORE, Sept. 17, 2025 /PRNewswire/ ... |
| 21.08.2025 | Carro and SY Holdings enter into strategic partnership to support Carro's expansion with tech-driven financing solutions | Hong Kong-listed SY Holdings to provide cross-border financing solutions for Carro, powered by artificial intelligence, predictive analytics and secure API-based integration
The strategic partnership will also explore supply-chain AI capabi... |
| 03.07.2025 | Carro releases second instalment of 'No Drama', first ad of campaign garners over 27.4 million views in 6 weeks | - Carro's 'No Drama' award-winning ad series parodies drama cliches to highlight its trustworthy, reliable, and transparent practices, with the latest ad paying homage to the Hong Kong crime genre
- Their first 'No Drama' ad earlier in May ... |
| 08.10.2024 | Carro rolls out Carro Certified assurance in Hong Kong, with vehicle inspections bolstered by in-house patented technology | Carro Certified is a technology-backed certification that offers customers the assurance and service of buying a quality used car
Carro Certified includes a 160-point Inspection with all defects rectified, 5-day return policy, 12-month warr... |
| 27.08.2024 | Carro’s next pit stop? Recruitment services | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Elyssa Lopez · 29 Aug 2024 · 5 min readCarro’s next pit stop? Recruitment services
... |
| 25.06.2024 | The Dance of Deals: A Look at Recent Investments in Asia's Startup Scene | In the fast-paced world of startup investments, recent deals have been making waves across Asia. From Malaysian platforms securing funding to Japanese companies acquiring new subsidiaries, the dance of deals is in full swing.
Homa2u, a Mala... |
| 25.06.2024 | Beyond Cars in Hong Kong rebrands to Carro, officially integrates into Carro Group in transformative journey | Customers in Hong Kong can now buy, sell and consign cars on carro.co
Operations in Hong Kong to leverage Carro's technologies and AI capabilities across pricing, inventory management, and inspection processes
Carro Hong Kong to focus on ac... |
| 24.06.2024 | Deals in brief: Paywatch secures USD 30 million, Ai Palette snags additional funding, Blibli operator acquires home decor startup Dekoruma, and more | NewsDeals in brief: Homa2u secures additional pre-Series A funding from Asia Fund X, Robo Co-op raises USD 700,000 for refugee empowerment initiatives, multiple China deals, and more
Written by KrASIA Writers Homa2u, Robo Co-op, VITG, and m... |
| 17.06.2024 | Carro bags $55m loan from HSBC’s $1b ASEAN Growth Fund | InvestmentsNews
Lokesh Choudhary · 2d ago · 2 min readCarro bags $55m loan from HSBC’s $1b ASEAN Growth Fund
Team Carro / Photo credit: Carro
Used-car marketplace Carro has secured a US$55.5 million multi-currency loan from HSBC to fund its... |
| 11.04.2024 | Carro eyes $100m pre-IPO raise to push valuation to $1.5b | NewsTransportation
Samreen Ahmad · 14h ago · 2 min readCarro eyes $100m pre-IPO raise to push valuation to $1.5b
Photo credit: Carro
Used-car marketplace Carro plans to raise around US$100 million as it gets IPO-ready, possibly bringing the... |
| 27.03.2024 | Carro posts 67% revenue jump in FY 2023, generates positive adjusted EBITDA | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Jofie Yordan · 27 Mar 2024 · 3 min readCarro posts 67% revenue jump in FY 2023, gen... |
| 12.03.2024 | ‘IPO-ready’ Carro rebrands myTukar | EcommerceNews
Samreen Ahmad · 12 Mar 2024 · 2 min read‘IPO-ready’ Carro rebrands myTukar
Team Carro / Photo credit: Carro
MyTukar, a Malaysia-based used car ecosystem, has been renamed to Carro – taking after its parent company.
The rebrand... |
| 11.03.2024 | Deals in brief: Ai Palette, Rukita, and Thryve.Earth secure funding, Sunday and Carro complete acquisitions, nine China deals, and more | NewsDeals in brief: Dolbomdream, Prefer, and Lapasar secure funding, BlackRock-Temasek partnership leads investment in Antora Energy, six China and India deals, and more
Written by KrASIA Writers Dolbomdream, Prefer, Lapasar, and more led o... |
| 27.02.2024 | Carro enters Hong Kong with Beyond Cars acquisition | AcquisitionsNews
Lokesh Choudhary · 1h ago · 1 min readCarro enters Hong Kong with Beyond Cars acquisition
Carro CEO Aaron Tan / Photo credit: Carro
After a productive start to its 2024 financial year, Singapore-headquartered Carro has acqu... |
| 21.09.2023 | Presenting the judges for this year’s Startup Arena Pitch Battle | ConferencePaid partnershipStartup Arena
Stefanie Yeo · 25 Sep 2023 · 3 min readPresenting the judges for this year’s Startup Arena Pitch Battle
In partnership with
The 2023 Tech in Asia Conference is less than a month away, which means that... |
| 09.08.2023 | Carro hits $11m in Q1 EBITDA, its highest-ever quarterly profits | EcommerceNews
Miguel Cordon · 9h ago · 2 min readCarro hits $11m in Q1 EBITDA, its highest-ever quarterly profits
The Carro team / Photo credit: Carro
Singapore-headquartered Carro said that it has hit US$11 million in EBITDA for the first ... |
| 12.07.2023 | Southeast Asia’s Tech Startups: The Road to Becoming Unicorns | Southeast Asia is stealing the global tech startup spotlight with a surge of companies achieving the once-elusive unicorn status — startups valued at over USD 1 billion. To date, Southeast Asia has produced an impressive 52 unicorns. The ye... |
| 19.06.2023 | Jardine Matheson’s Investment Arm To Partner With Southeast Asian Car Marketplace Carro | Aaron Tan (left), cofounder and CEO of Carro, and Jardine Cycle & Carriage's managing director ... [+] Wilfrid Foo.Jardine Cycle & Carriage/Carro |
| 22.05.2023 | Carro says it broke EBITDA record in FY 2023 | Consumer TechNewsStartups
Miguel Cordon · 25 May 2023 · 1 min readCarro says it broke EBITDA record in FY 2023
Photo credit: Carro
Carro said it had recorded its highest-ever EBITDA of US$4 million in the financial year ending March 2023, a... |
| 28.02.2023 | ZA Tech invests in Carro to improve and transform the auto insurance experience across Southeast Asian markets | Cutting edge generative AI-powered, personalised and immediate: this investment enables Carro to leverage ZA Tech's suite of InsureTech solutions to distribute highly personalised insurance products and process real-time claims backed by AI... |
