Tag: frontiercargroup

On the recent management changes, the CEO said Frontier Car Group (FCG) which had invested in Cars45 Series A Funding raised in May 2017 was acquired by OLX Group in November 2019 to demonstrate their ambition to lead the used car online market. Read more...

The world has changed. In the wake of Covid-19, and the global recession it has caused, business leaders, innovators, entrepreneurs, and investors are all girding for a long period of extremely challenging conditions in the global market. How can startups and innovators of all stripes survive in such conditions? Many are not prepared. Read more...

In third place comes the Berlin-based used car platform Frontier Car Group, which saw an investment volume of €361 million last year. In the industry ranking, FinTech and software companies rank second and third with €1.3 and €1.2 billion in funding, respectively, received in 2019. Read more...

Prosus NV’s online classifieds business, OLX Group, said it will invest as much as $400 million in Frontier Car Group, to become the startup’s largest investor. Read more...

The classifieds business of Prosus (PRX.AS) is becoming the main shareholder in Berlin-based second-hand car trading platform Frontier Car Group (FCG), through a deal that will knit together their operations across emerging markets. Read more...