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Detailed stories on technology startups, business and economic current affairs.
Four top-level exits come at a time when the IPO-bound used-car platform is grappling with serious financial challenges.

Four top-level exits come at a time when the IPO-bound used-car platform is grappling with serious financial challenges.

The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.
Cheaper, high-tech cars from China have flooded the UAE auto market in the past few years—sometimes entering through the back door.
We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.
The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.
Cheaper, high-tech cars from China have flooded the UAE auto market in the past few years—sometimes entering through the back door.
We look at Spinny, a unicorn, to demonstrate how the used-car business is a graveyard of ideas pretending to be internet-first or internet businesses only to realize years later that the soul of the business lies in brick and mortar.