iCar Asia: Interim result 2015

With $25m in the bank, iCar Asia is now well placed to dominate the car classified markets of Thailand, Malaysia and, hopefully, Indonesia.

One wonders whether iCar Asia’s chief executive Damon Rielly telephoned Carsales.com’s chief executive Greg Roebuck about a week ago. Perhaps the conversation went something like this: ‘Mate, I know we stuffed up last month’s capital raising, but we need Carsales on board. It won’t be a good look if you choose not to participate.’

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