AutomotiveSINGAPORE (Reuters) – Singapore’s Carousell, a classifieds market, stated on Monday that it raised $eighty five million in funds from traders including DBS Group Holdings Ltd, town-state’s largest lender.

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DBS and Carousell will collaborate to supply monetary merchandise and cost services on the marketplace’s platforms, in accordance with the statement. Carousell was launched in 2012 and at the moment operates in seven markets, including Singapore, Malaysia and Indonesia. There’s some ridiculously cool things taking place in the automotive sector from a technology perspective north of the border. That does not occur with out having that kind of collaborative feel and appear, and that collaborative spirit that is kind of Ontario.