Online Car Classified Report Growth in Car Financing Sector

Leading car classified Carmudi has recently unveiled its report about the growth of Car Financing in the Philippines. The report provides an outlook in the current and future state of car financing in the country and how it affects consumer attitudes towards credit. The research also reveals that 76-percent of Filipinos are planning to purchase…

Carmudi To Expand Operations In Mindanao

Online car classified Carmudi are eyeing to expand its business operations in the Philippines by adding another extension office specifically in Davao and Cagayan De Oro area. The expansion will be part of company’s strategy in saturating its market presence in Mindanao. “The Philippine economy is really a market to watched. We are already spread…

Carmudi Secures $25M In New Funding for Asia and Latin America

Carmudi, a leading car classified site backed by Rocket Internet, has raised $25 million to strengthen its operations in Asia and Latin America. Investors include Asia Pacific Internet Group (APACIG), a joint venture of Rocket Internet and Ooredoo, Holtzbrinck Ventures, a leading consumer internet investor, Tengelmann Ventures, a division of international multi-sector retailer Tengelmann Group, and a private investor.…