Why did CarDekho shut down used car retail biz

Why did CarDekho shut down used car retail biz ceodekho Even as Spinny and Cars24 have been fighting each other in the used car retail space, CarDekho shut down its retail vertical early this year ceodekho CarDekho Group, led by CEO Amit Jain, eyes 40% growth in FY25 with profitable auto marketplace and IPO plans Expansion in Southeast Asia

ceodekho Automobile portal CarDekho has acqui-hired used cars platform Carbiqi to mark its foray into the auction model, according to a media report