Carro’s Reported Dual-Listing Plan Tests Nasdaq–SGX Investor Demand

New York, 24 September 2026 – Singapore-based used-car marketplace Carro is reportedly preparing a possible dual listing on Nasdaq and the Singapore Exchange, a structure that would test whether a Southeast Asian technology company can attract meaningful capital on both markets. The reported plan is preliminary. Carro has not publicly confirmed a final launch, valuation or timetable, and an eventual transaction could proceed on one exchange, both exchanges or neither.

The account says the SoftBank-backed company has undertaken confidential filing steps in the United States and preparatory work in Singapore. A possible fundraising range of US$400 million to US$500 million has been discussed, with a tentative window spanning late this year and the first half of next year. These figures are reported planning estimates, not an offering prospectus or proceeds already secured. Conditions can change materially before an IPO is marketed.