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Cars24 Shuts Shop In Indonesia & Saudi Arabia To Focus On India Ops

Cars24 Loss Surges 9 3X YoY To $248 Mn In FY22, Expenses Cross $1 Bn Mark

Used cars marketplace Cars24 saw its total loss jump 9.3X to $248.09 Mn in the financial year 2021-22 (FY22) from $26.83 Mn in FY21.

CARS24 now says will hire over 500 after layoffs

After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will hire more than 500 employees across verticals in the next 3 months.The company said it will be hiring for both tech and non-tech related roles .

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