How 3 college friends built a $1 billion business selling used cars

— a play on the words "car hero" — is a Southeast Asian online auto marketplace designed to simplify car deals using artificial intelligence technology.

The 36-year-old's entrepreneurial story started when he was 13. As a teenager growing up in Singapore, the computer whizz would earn extra cash by building and selling websites. "I wouldn't say that I tricked my co-founders into founding the company together, but I think I sold the opportunity that this could be much more interesting than whatever they were doing," said Tan.The trio was onto something. In a region with a vast and growing, digital-savvy middle class, price-sensitive consumers were increasingly opting for second hand models.

MakeIt If this company is worth $1B then how much is $LOTZ worth then with all of their locations?

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