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April 22, 2014 02:11 pm GMT
Carmudi, a car classified ads site backed by Rocket Internet, has raised $10 million to expand its operations in Asia. Investors include Tengelmann Ventures, the investment arm of the German retail giant. The site's network currently operates in eleven countries, six of which are in Asia (Bangladesh, Indonesia, Myanmar, Pakistan, the Philippines, and Vietnam). Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JVdVg37ZJkg/
Rocket Internets Carmudi, A Car Classifieds Site, Grabs $10M In New Funding To Expand In Asia
Carmudi, a car classified ads site backed by Rocket Internet, has raised $10 million to expand its operations in Asia. Investors include Tengelmann Ventures, the investment arm of the German retail giant. The site's network currently operates in eleven countries, six of which are in Asia (Bangladesh, Indonesia, Myanmar, Pakistan, the Philippines, and Vietnam). Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/JVdVg37ZJkg/
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