Used car marketplace Carro logs first profitable year, posts $464m revenue in FY22

Used car marketplace Carro logs first profitable year, posts $464m revenue in FY22

Photo: Carro's LinkedIn page

Singapore-based used car marketplace Carro announced that it has clocked its first profitable year so far, achieving more than S$650 million ($464 million) in revenue and doubling its gross profit in the year ended March 2022.

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