South-east Asia’s fragmented $290b used car market ripe for shift to online platforms

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ST Picks: South-east Asia’s $300b used car market ripe for shift online

KUALA LUMPUR - Only a fraction of South-east Asia’s used car trade is conducted online, leaving huge growth potential for unicorn platforms eyeing a slice of the booming industry worth more than RM1 trillion a year.

Used car sales are expected to more than double those of new units by 2025, according to independent research commissioned by Malaysia-based online used car buying and selling platform Carsome.Get exclusive reports and insights with more than 500 subscriber-only articles every month

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