Loopit.co’s Post

🚨 BREAKING: Carly Car Subscription to merge car subscription operations with Carbar 🚨 This merger follows Karmo’s acquisition of Motopool late last year. The writing’s on the wall—car subscription is no longer a niche experiment. As the market matures, consolidation is inevitable. Bigger platforms mean better unit economics, greater operational efficiency, and the ability to tap into emerging opportunities—like the novated subscription market, which Desmond Hang, Carbar CEO, calls a major focus after the merger. We at Loopit.co have been predicting this shift, and it’s only just beginning. As car subscription cements itself as a core mobility offering, expect to see more providers joining forces to scale—or risk being left behind.

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Mike Costello

Cox Automotive & Manheim Australia Corporate Affairs. Analyst and broadcaster.

2mo
Tim Rossanis

VP & Managing Director at Turo Australia | ex Uber | Angel Investor

2mo

Congrats Desmond!

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Colin Lutterloch

National Manager OEM and Wholesale

2mo

Fabulous news...congratulations Desmond & Team.

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Christian Schaefer

Future Drive - Australia's No.1 MotorShow Organiser!

2mo

Congratulations Desmond!

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Miles Honeysett

Field Sales Representative at Auto Freight

2mo

Wow. Awesome!

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