Carro invests US$30m in Malaysian car bidding platform

  • AUTOMOTIVE marketplace operator Carro has made a US$30 million investment in myTukar, a car-bidding online platform in Malaysia, the startup announced on Thursday.
  • The strategic investment marks Carro’s entry into Malaysia as part of its regional expansion plans.
  • With the fresh funds, myTukar will expand further in Malaysia and set up a car financing centre to offer auto loan services.

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