CARS24 To Expand Into International Markets, Will Invest $100M
- ByStartupStory | June 18, 2021
CARS24 to expand into international markets, this year. They have already set foot in Australia and the UAE and are ready to launch business in Southeast Asia and the Middle East this year. CARS24 has earmarked an investment of over $100 million for international markets in 2021, the company revealed in a statement.
CARS24 Co-founder and CEO Vikram Chopra said, regarding CARS24 to expand into international markets, “In the last six years, we have worked very hard to revolutionise the way our consumers buy or sell their cars in India. Interestingly, the pain points of used car consumers across the globe remain pervasive. We are sure with our expertise and experience of operating in a diverse market like India, we will be able to cater to the needs of our new customers,” Further adding, The company’s expansion into the UAE, Australia, and Southeast Asian markets marks a milestone moment in the growth of CARS24 as we introduce a whole new world of cars to new audiences.
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