In addition to launching a special platform for sales of new vehicles, Carmudi will also use the funding to improve site’s appearance and back-end configuration Carmudi Indonesia Managing Director ...

Automotive portal operator iCar Asia has entered into a binding agreement to acquire online marketplace Carmudi Indonesia, in a move to capture the growth in Southeast Asia’s vast used car market. The ...

JAKARTA -- Kuala Lumpur-headquartered iCar Asia said that it had entered into a binding agreement to acquire Carmudi's business unit in Indonesia, in a move to tap into growth in Southeast Asia's ...