How to Bring Balance to Profitability and Growth | Call 136 with Carro CFO Ernest Chew Part 1

On Call with Insignia Ventures

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1y ago 15:34

MP3•Epizód kép

Go on call with Ernest Chew, CFO of Carro, a company leading the way in reshaping the used car industry with its AI-driven car buying experience.

They recently announced record profitability in Q1 for FY 2024 (3x the entire last full year), the latest achievement in the company's journey becoming now one of very high-growth tech start-up that is profitable across all metrics, with growth driven interestingly by their ancillary businesses in financing, insurance, aftersales and mobility (60% of their gross profit).

More on the announcement here.

Timestamps

(01:50) Carro's record quarterly profitability;

(04:57) Carro's ecosystem approach to balance growth and profitability;

(11:03) Carro's approach to unlocking greater ecosystem growth through strategic partnerships;

(14:39) Catch part 2 next week!

The content of this podcast is for informational purposes only, should not be taken as legal, tax, or business advice or be used to evaluate any investment or

security, and is not directed at any investors or potential investors in any ⁠⁠⁠⁠⁠⁠Insignia Ventures⁠⁠⁠⁠⁠⁠ fund.

173 epizódok

#Business #Insignia Ventures Partners #Southeast Asia