myTukar.com
Carro Malaysia (formerly myTukar.com) is a Malaysia-headquartered online used-car marketplace with tiered vehicle certification, in-house financing, insurance comparison, workshop services, a dealer program, and new-car sales, operating across six Malaysian regions within the seven-market Carro group.
- Company typePrivate
- Founded2017
- HeadquartersSelangor, Malaysia
- Headcount51–100
- GTM typeB2C
- OfferingDigital Commerce or Content
What myTukar.com does
myTukar.com, operating commercially as Carro Malaysia, is a Malaysia-headquartered online marketplace for buying and selling used vehicles, founded in 2017 under Carro Technology Sdn. Bhd. and headquartered in Selangor. The platform lists inventory of 8,146+ vehicles across 30+ brands — including deep coverage of Perodua (3,208+), Honda (1,599+), Proton (1,310+), and Toyota (935+) — and exposes tiered certification products: Carro Certified (160-point inspection, 5-day money-back guarantee, 12-month engine & gearbox warranty), Carro Certified Lite (160-point inspection, 5-day money-back guarantee, 3-month warranty), and As-Is (no warranty). Carro Malaysia also extends into brand-new vehicle sales via authorized partnerships with Dongfeng, Omoda Jaecoo, and ZEEKR.
Monetization is multi-stream rather than a single transaction fee. The company captures commissions on completed marketplace sales, interest and fees from in-house financing under the Carro Genie product (monthly payments displayed from RM291 to RM2,946 over 6–9-year tenures), affiliate revenue from car-insurance comparison, professional-services revenue from Carro Care workshops, and subscription-like take-rate revenue from the B2B Dealership Program that supplies authorized dealers access to the buyer network. Distribution is omnichannel: a multilingual website (English, Bahasa Melayu, Chinese), a WhatsApp-led inside-sales motion with OTP verification, six physical offices across Malaysia (Klang Valley, Penang, Johor, Melaka, Pahang, Perak), and integration into the broader Carro group's seven-market Asia-Pacific footprint (Singapore, Malaysia, Indonesia, Thailand, Japan, Hong Kong, Australia).
The company is privately held with 51–100 employees and three related Malaysian entities (Carro Technology Sdn. Bhd. as primary, plus wholly-owned Carro Digital Sdn. Bhd. and Carro Care Malaysia Sdn. Bhd.). It has raised disclosed funding through a 2018 seed of approximately $875,000 and a 2019 round of $30,000,000 from Carro. Governance includes CEO Jeffrey Ong, co-founder and CSO Jeffrey Tan, founder and chairman Fong Hon Sum, CTO David Voo, COO Michael Harman, and senior heads of Inspection, Sales, BI, Strategic Communications, and Business Development & Strategy.
myTukar.com firmographics
Firmographics- Name
- myTukar.com
- Legal name
- Carro Technology Sdn. Bhd.
- Website
- https://mytukar.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Carro Malaysia (formerly myTukar.com) is a Malaysia-headquartered online used-car marketplace with tiered vehicle certification, in-house financing, insurance comparison, workshop services, a dealer program, and new-car sales, operating across six Malaysian regions within the seven-market Carro group.
- Ownership category
- akta.pro rank
myTukar.com industry classification
Industry- Product category
- Used Car Marketplace
- NAICS
- Other Motor Vehicle Dealers (4412), New Car Dealers (44111), Motor Vehicle and Parts Dealers (441)
- SIC
- Retail-Auto Dealers & Gasoline Stations (5500), Retail-Nonstore Retailers (5960)
- akta.pro primary industry
- Automotive Vehicles & Parts C2C (CRAFAKAE)
- akta.pro secondary industry
- Auto / Vehicle Marketplace Lending (FSAKAHAF)
Keywords
Where myTukar.com is headquartered
LocationHeadquarters
- HQ city
- Selangor
- HQ country
- Malaysia
- HQ region
- Asia
Offices6 records
Markets served
myTukar.com business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Infrastructure
Revenue model
- Used Car Sales Commission: Platform facilitates used car transactions between buyers and sellers, earning commissions on completed sales through listing fees and transaction fees.
- Financing Services: Carro Genie provides in-house financing solutions for car purchases with monthly payment options ranging from RM290 to RM2,900+ based on vehicle price and loan tenure (6-9 years).
- Insurance Services: Car Insurance comparison and placement services for vehicles sold through the platform.
- Workshop Services: Carro Care workshop services for vehicle maintenance and servicing.
- Dealership Program: B2B program enabling authorized dealers to list vehicles on the platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Carro Certified - Premium certified vehicles |
| Transaction based/ take rate | Pay-as-you-go | Carro Certified Lite - Budget-friendly certified vehicles |
| Transaction based/ take rate | Pay-as-you-go | As-Is - Non-refurbished vehicles |
| Usage-based | Monthly | Carro Genie Financing |
| Usage-based | Pay-as-you-go | Insurance Services |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
myTukar.com product offering
Product offeringCore offering
myTukar.com (also operating as Carro Malaysia, legal entity Carro Technology Sdn. Bhd.) operates an online used car marketplace platform in Malaysia that connects buyers and sellers of pre-owned vehicles. The platform lists over 8,146 vehicles and offers certified listings with standardized 160-point inspection, a 5-day money-back guarantee, and a 12-month warranty, alongside ancillary services such as financing, insurance, and workshop support.
Product overview
Carro Malaysia (formerly myTukar.com) operates as a comprehensive online used car marketplace platform. The core offering is a digital marketplace for buying and selling used vehicles across multiple brands. Supporting the marketplace are certification programs (Carro Certified with 12-month warranty and Carro Certified Lite with 3-month warranty), motor vehicle inspection services (M.V.15), integrated car insurance comparison, vehicle financing services, dealership partnership program, and workshop services. The platform also extends to new car sales through select brand partnerships with Dongfeng, Omoda Jaecoo, and ZEEKR. All services are integrated into a unified platform accessible via web and mobile.
Differentiator
Problem solved
Functional benefit
Products and services
- Carro Certified
Quantifiable outcome
- 5-day money-back guarantee on all certified vehicles
- +3 more outcomes
Companies that use myTukar.com
Customer profileSegments3 records
Ideal customer profiles2 records
myTukar.com technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
myTukar.com partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights6 records
myTukar.com competitors and assessment
Company assessmentDirect peers
- OLX Autos: Operates C2C used-car marketplaces across emerging Asia including Indonesia and India with inspection and financing services; comparable as a multi-country used-car transaction platform targeting individual buyers and sellers.
- Carro (Group): Parent brand and regional operating entity across 7 Asia-Pacific markets; operates the same marketplace-plus-financing model in Singapore, Indonesia, Thailand, Japan, HK, and Australia, of which Carro Malaysia is the largest market.
- Carsome: Largest used-car marketplace competitor in Malaysia and broader Southeast Asia; offers inspection, certification, financing, and dealer consignment, directly overlapping with Carro Malaysia's integrated marketplace-plus-services model.
Broad incumbents
- AutoTrader: Global incumbent in online car listings; comparable as a broad automotive marketplace, though it operates a listings-first model without Carro's depth in financing, certification, and aftersales services.
- TrueCar: US online automotive marketplace offering price transparency and dealer network; comparable as a digital used-car pricing and discovery platform, though its model is more dealer-network than vertically integrated.
- CarGurus: US-based online car marketplace with transparency-focused dealer ratings; comparable as a trust-and-pricing-led marketplace, though primarily US-focused and listings-driven rather than transaction-integrated.
- CarDekho (used-car vertical): Large Indian automotive platform with a used-car marketplace and financing arm; comparable in offering an integrated listing-to-financing funnel, though operating primarily in India rather than Malaysia.
Regional players
- Mudah.my: Malaysia's largest general C2C classifieds platform with a significant used-car listings category; comparable as a Malaysia-focused online marketplace for used vehicles, though broader than automotive.
- iCar Asia: Malaysia and Southeast Asia-focused automotive classifieds platform; comparable as a regional online auto listings operator targeting Malaysian car buyers and dealers.
Others
- Copart: Global online vehicle auction platform; comparable as a digital automotive remarketing channel, though focused on salvage and wholesale auctions rather than retail certified used-car transactions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
myTukar.com social profiles
Digital presencemyTukar.com financial estimates
Financial estimateRevenue estimate
Valuation estimate
myTukar.com leadership team
Management profileNumber of profiles
Profiles5 records
myTukar.com subsidiaries and ownership
Company hierarchySubsidiaries2 records
myTukar.com funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
myTukar.com M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about myTukar.com
What does myTukar.com do?
myTukar.com (also operating as Carro Malaysia, legal entity Carro Technology Sdn. Bhd.) operates an online used car marketplace platform in Malaysia that connects buyers and sellers of pre-owned vehicles. The platform lists over 8,146 vehicles and offers certified listings with standardized 160-point inspection, a 5-day money-back guarantee, and a 12-month warranty, alongside ancillary services such as financing, insurance, and workshop support.
Is myTukar.com a public or private company?
myTukar.com is a private company. It is classified as venture growth investor backed and is currently operating.
When was myTukar.com founded?
myTukar.com was founded in 2017. It employs 51 to 100 people.
Where is myTukar.com based?
myTukar.com is headquartered in Selangor, Malaysia, in the Asia region.
How does myTukar.com make money?
Five revenue lines are on record. Used Car Sales Commission is the primary driver. The others are financing Services, insurance Services, workshop Services and dealership Program.
Who are myTukar.com's main competitors?
Direct peers on record are OLX Autos, Carro (Group) and Carsome. Broad incumbents are AutoTrader, TrueCar, CarGurus and CarDekho (used-car vertical). Regional players are Mudah.my and iCar Asia. Copart is listed as an others.
Does myTukar.com have an API?
No public API is recorded for myTukar.com.
What industry is myTukar.com in?
myTukar.com's product category is Used Car Marketplace. Its primary akta.pro industry code is CRAFAKAE, Automotive Vehicles & Parts C2C, with a secondary code of FSAKAHAF, Auto / Vehicle Marketplace Lending. Its NAICS code is 4412 and its SIC code is 5500.