iCarClub Announces Expansion Plans for 2013

According to TechInAsia.com on March 8, iCarsClub, a peer-to-peer marketplace for renting cars in Singapore, raised $482,000 from Red Dot Ventures to expand its operations to major cities in China, including Beijing and Shanghai.

The company’s goal in 2013 is to increase the amount of cars in its marketplace to 1,000 and reach 5,000 members.

iCarsClub launched in 2012 in Singapore. Currently, the company has 3,000 members in its database with more than 300 cars available.

View the full article from Tech in Asia by clicking on the URL:
http://www.techinasia.com/icarsclub-funding-expand-china/

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

A Shared Mobility Model Takes Shape for Fleets

Technology that allows cab drivers flexible access to a shared fleet is leveling the playing field for an 89-year-old taxi company.

Safety Tech: Crash Avoidance or Sensory Overload?

As advanced safety technologies become even more pervasive on mainstream vehicles, are we creating “stupid drivers?"

Own the Fleet, Own the Future

In the dialogue surrounding new transportation paradigms, fleets have been off the public radar until recently. Here’s what’s going on, and a way for you to participate in the conversation.

Job Finder: Access Top Talent. Fill Key Positions.

>