Fundz

Carro acquires CarPlace to enter Australia market

PRIVATEJun 18, 2026

Acquiring Company

Carro

Acquired Company

CarPlace

AustraliaE CommerceMarketplaceAutomotive

Description

Singapore's Carro has acquired the Australian used-car platform CarPlace, marking its entry into its eighth market in the Asia-Pacific. The acquisition allows Carro to take over CarPlace's showrooms and expand its wholesale operations in Australia. CarPlace will continue to operate with Autoleague as a strategic shareholder alongside Carro. The deal underscores Carro’s strategy to tap into the growing used-car market in Australia.

Quick answer

Carro is acquiring CarPlace, announced June 18, 2026.

How much did Carro pay for CarPlace?
The deal value was not disclosed.
Where are Carro and CarPlace based?
CarPlace is based in Australia.

Source: Fundz verified event record.

Other recent acquisitions in E Commerce and Marketplace

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Carro

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Frequently asked

Who acquired CarPlace?

CarPlace was acquired by Carro. The deal was reported on June 18, 2026. Carro is privately held.

When did Carro acquire CarPlace?

Carro's acquisition of CarPlace was reported on June 18, 2026. Singapore's Carro has acquired the Australian used-car platform CarPlace, marking its entry into its eighth market in the Asia-Pacific. The acquisition allows Carro to take over CarPlace's showrooms and expand its wholesale operations in Australia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CarPlace do?

CarPlace is a used-car platform operated by Autoleague, one of Australia’s largest automotive groups. It focuses on providing a marketplace for buying and selling used vehicles. The platform aims to enhance the automotive experience in Australia. It is privately held, operating in E Commerce, and is based in Australia.

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