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July 13, 2021 03:53 am GMT

Carsome Group will acquire iCar Asia in a deal worth $200M

Southeast Asias car marketplace wars are going into high drive. Today Carsome Group, one of the regions largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. Carsome has agreed to acquire 19.9% of iCar Asia from Malaysia internet conglomerate Catcha Group. In […]

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