Data Vantage: Lazada, Eywa Pharma, EcoWorth Tech and Smartlane receive capital
Lazada received more money this week from parent Alibaba Group.
Data Vantage: Broom, Carro and Anchanto secure capital, others file financials
Indonesian auto financing startup Broom issued shares worth $13.3 million last week to a group of investors.
SG’s Carro adds Dubai-based EMPG to cap table, move hints at Kaidee buy
The SE Asian firm issued shares to the Dubai-based unicorn last week for a nominal sum of $1.
SG Digest: DigiFT raises $10.5m, ZA Tech invests in used-car marketplace Carro
Investment firm Shanda Group anchored DigiFT’s pre-Series A funding.
Carsome to weigh all options for listing once market conditions improve, targets profitability next year
“There has been news on whether we should do a SPAC or an IPO — we are exploring all options,” says CEO Eric Cheng.
Singapore used-car marketplace Carro drives into Japan through SoftBank JV
Carro Japan will introduce a full suite of services, including car leasing and subscription-based services
Editor’s take: The week that was — Aug 29-Sep 3
From the latest LP commitments to news from the crypto world, this edition has it all
Used car marketplace Carro logs first profitable year, posts $464m revenue in FY22
Revenue grew 2.5 times from the previous year.
Vantage Point: Bukalapak trains sights on take rates, contribution margin as it chases profitability
Improving take rates and contribution margin will take the platform to profitability within two years.
With a strong foothold in SE Asia, used-car marketplace Carro all set to drive into Japan
The firm is not in a rush to go for an IPO, says CFO Ernest Chew
