June 20, 2024
Carro first to tap into US$1 billion HSBC ASEAN Growth Fund
Carro signs a S$75 million multi-currency loan to fund its fintech arm, Genie Financial Services HSBC announced the launch of…
March 7, 2024
Carro expands into Hong Kong, acquires Beyond Cars to accelerate footprint beyond Southeast Asia
Founded in 2016, Beyond Cars is one of Hong Kong’s leading used car platforms Beyond Cars’ co-founder and CEO Garry…
January 26, 2024
Carro opens two new branches in Kingkaew and Tiwanon, eyeing expansion plans off a profitable FY2023
Two latest additions put Carro’s total branches in Thailand to five, with existing branches in Suan Luang, Chonburi, Ayutthaya Carro’s …
October 27, 2023
DRB-HICOM invests in Genie Malaysia, the fastest growing Malaysian auto fintech startup
EON, a wholly-owned subsidiary of DRB-HICOM, strategically invests in Genie Malaysia Genie Malaysia boasts an outstanding loan book of nearly…
August 10, 2023
Carro achieves best quarterly profitability since inception in Q1 FY2024
Gross Profit Margins rises to 14% Record EBITDA of US$11 million Run-rate EBITDA of over US$50 million Adjusted Net Profit…
June 19, 2023
Carro announces strategic investment into Driven Communications
Carro’s investment includes a portfolio of websites, including paultan.org, carbase.my and oto.my Driven Communications to retain board of directors,…
