🚨 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.
Congrats Desmond!
Fabulous news...congratulations Desmond & Team.
Congratulations Desmond!
Wow. Awesome!
Cox Automotive & Manheim Australia Corporate Affairs. Analyst and broadcaster.
2moDaniel Colina