SoftBank-Backed Used-Car Marketplace Carro Eyes US IPO as Soon as This Month
Singapore-based used-car marketplace Carro, backed by SoftBank, is considering filing confidentially for a US IPO as early as this month, according to people familiar with the matter. The move would test investor appetite for Southeast Asian tech startups on American exchanges. Carro is one of the largest automotive marketplaces in the region.
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