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Announced

Autohome to acquire iCar Asia from Catcha Group for c. A$216m.

Synopsis

Autohome, an online destination for automobile consumers in China, offered to acquire iCar Asia, the owner of Carlist.my, for c. A$216m ($150m). “The company has witnessed a strong recovery in Q3 2020 in all 3 operating countries. We will continue to focus on building and evolving the quality of the core proposition of iCar, and partnering with our customers to help drive their businesses recovery,” Hamish Stone, iCar managing director and CEO.

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