CarDekho Joins Hands With Raya Holdings To Enter UAE Market

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SUMMARY

CarDekho is counting on its offerings like advertising, lead management, and digital content solutions to penetrate the used cars market in the UAE

The Jaipur-based unicorn operates under the brand name OTO in Indonesia and Carmudi and Zigwheels in the Philippines

The company was able to reduce its consolidated loss by 40% to INR 340 Cr on a year-on-year basis

Auto marketplace CarDekho Group has expanded into the United Emirates Arab (UAE) market in partnership with Egypt-based Raya Holdings.

In a statement, the…



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CarDekho Joins Hands With Raya Holdings To Enter UAE Market


SUMMARY

CarDekho is counting on its offerings like advertising, lead management, and digital content solutions to penetrate the used cars market in the UAE

The Jaipur-based unicorn operates under the brand name OTO in Indonesia and Carmudi and Zigwheels in the Philippines

The company was able to reduce its consolidated loss by 40% to INR 340 Cr on a year-on-year basis

Auto marketplace CarDekho Group has expanded into the United Emirates Arab (UAE) market in partnership with Egypt-based Raya Holdings.

In a statement, the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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