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Altos-backed Socar targets $7.5 bn Korean car rental market with used-vehicle business

Published by Korea Economic Daily · South Korea 10 h ago
Altos-backed Socar targets $7.5 bn Korean car rental market with used-vehicle business
Korea Economic Daily

Detailed summary

South Korea’s mobility platform operator Socar Inc., backed by Silicon Valley-based Altos Ventures Management Inc., is set to launch a secondhand-ve ...

Lotte Rental is South Korea's largest car rental firm US private equity firm TPG has agreed to acquire a controlling stake in South Korea’s largest car rental company, Lotte Rental Co., for about 1.3 trillion won ($920 million), in a deal that will give the indebted Lotte Group a much-nee

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