SG-based Carro's losses spiral sixfold in FY2023 despite higher revenues

SG-based Carro's losses spiral sixfold in FY2023 despite higher revenues

Photo: Carro's LinkedIn page

Singapore-based car marketplace and lender Carro’s losses widened more than sixfold year on year in the financial year ended March 31, 2023, outstripping revenue generated over the same period, according to recent regulatory filings.

Edited by: Joymitra Rai

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