Coronavirus: Second-hand car website becomes latest 'unicorn'

Coronavirus: Second-hand car website becomes latest 'unicorn'

A second-hand car website has seen its value rocket to more than $1bn (£750m), putting it into unicorn status.

India's Cars24 has seen a big rise in business during the pandemic as people look to alternatives to public transport such as pre-owned cars.

India's popular but unreliable rail networks were shut off completely when the country went into lock-down.

A unicorn refers to a privately-owned start-up firm that is now valued at more than $1bn.

Other start-ups that have gone on to become unicorns, and household names, include Uber and Airbnb.

Informacion

De manera de brindarle el mejor servicio posible en AR Industrial Machining contamos con equipo moderno de alta precisión que nos permite desarrollar piezas hechas a la medida y solucionar cualquier aplicación que usted requiera.