MENU
SEARCHAfter raising $482,000 from Red Dot Ventures, the peer-to-peer rental car marketplace aims to expand its operations from Singapore to China and increase its members and vehicles to 5,000 members and 1,000 vehicles.
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/
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.
Read More →
