Karooooo eyes post-Covid growth in Southeast Asia
Cash-flush group would rather grow its business than make acquisitions
13 October 2022 - 10:04
UPDATED 13 October 2022 - 20:25
Karooooo has more than R1bn burning a hole in its pocket, and would rather use it to grow its business in Southeast Asia than make acquisitions.
The group, valued at R12.4bn on the JSE, is positioning itself as a leading global mobility software-as-a-service (SaaS) platform providing real-time data analytics to the transport and logistics sectors...
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