Business News | Carro Secures Strategic Investment from Orico

Get latest articles and stories on Business at LatestLY. Singapore, September 18: Carro, a leading online car marketplace in the Asia Pacific (excluding China and India), has announced a round of strategic investment by Orient Corporation ("Orico"), a major Japanese consumer credit and financial services company. Through this investment, Orico will act as a strategic partner to Carro and will, as a first step, advance collaboration in the automotive financing and related businesses in Japan, Thailand and Indonesia – the markets in which both companies operate. Strategic investment will see collaboration across mobility and financial services. Initial collaboration will focus on automotive financing and related businesses in Japan, Thailand and Indonesia.