This article was first published on Tech in Asia, written by Putra Muskita.
Unlike many other startups, the used-car platform CARRO, which just raised US$110 million in mostly debt financing, is riding on positive momentum amid the Covid-19 pandemic.
The Singapore-headquartered company claims that it saw record revenues in September – a 500% year-on-year growth – and has been EBITDA positive in the last three quarters.
Read the full article here.
