This article first appeared on Nikkei Asia, written by KENTARO IWAMOTO and WATARU SUZUKI.
Carro, the top-ranked company, is based in Singapore, launched in 2015 by 36-year-old Singaporean entrepreneur Aaron Tan. Today it has a presence in Singapore, Indonesia, Thailand and Malaysia. Its revenue has soared about 142 times to $86 million in 2019 compared to 2016.
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