Online car marketplace CarDekho announced it has acquired Carmudi, an online car classifieds website in The Philippines, to expand its services across southeast Asia. Philippines is the 2nd southeast Asian country where CarDekho Group has expanded to, after launching operations in Indonesia in 2016 under the brand name OTO.com. The acquisition of Carmudi is aligned with CarDekho’s business strategy to expand its footprint across southeast Asia.

(Live Mint)