Singapore’s Carro Targets US IPO with over $3.8 Billion Valuation, Sources Say

Singapore’s Carro targets US IPO with over $3.8 billion valuation, sources say

It would be the first major automotive tech and AI-driven commerce start-up from here to go public in the US. Read more at straitstimes.com.

Singapore's Carro is reportedly targeting a US IPO with over S$3.8 billion valuation

Singaporean company Carro, which is also Southeast Asia’s largest used-car online marketplace, is preparing for an initial public offering (IPO) in the US as early as 2026 that could raise up to US$500 million (S$642 million), according to sources familiar with the matter. The company is reportedly targeting a valuation of more than US$3 billion (S$3.85 billion). If successful, Carro’s listing would be the largest Southeast Asian IPO in the US, …

Carro targets US IPO with over $3.8b valuation, sources say, Money News

SINGAPORE — Singapore-based Carro, Southeast Asia's largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million (S$642 million), according to sources familiar with the matter. The company is aiming for a valuation of more than US$3 billion, according to the sources, who could not be named discussing...

Sources: Singapore-based used car online marketplace Carro is preparing for a US IPO as soon as 2026, aiming to raise up to $500M at a $3B+ valuation

Top news and commentary for technology's leaders, from all around the web.

Singapore's Carro preparing for US IPO with over $3B valuation - report

Singapore-based Carro, Southeast Asia’s used-car online marketplace, is preparing for a US initial public offering (IPO) as early as 2026 that could raise up to $500 million, Reuters reported on Wednesday, quoting sources familiar with the matter. The unicorn is aiming for a valuation of more than $3 billion, according to the sources. If successful, Carro’s listing would be the largest Southeast Asian IPO in the US since Sea’s $989.3 million lis…

Carro targets US IPO with over US$3 billion valuation: sources

Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million, according to sources familiar with the matter.