OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Post date: 2019-11-12 01:10:14
Views: 501
Frontier Car Group, the Berlin-based startup building used car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it
Please click Here to read the full story.
 
Other Top and Latest Questions:
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Inside India newsletter: Food crisis, economic shock ahead as India braces for El Niño
Lululemon poaches Athleta CEO as new chief product officer
FCC to vote on auctioning 25MHz of 'prime spectrum' in move that could benefit Amazon, SpaceX
Movie: Queen Margot
Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'
America shut out Chinese EVs. Britain welcomed them — and now faces a difficult choice
Samsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand