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CarTrade’s consumer group expects 30% Q3 revenue growth with festive season bump

  • CarTrade Tech expects its consumer group to report a 30% YoY rise in revenue growth in Q3 2024.
  • The strong festive season demand in October is likely to contribute to the growth.
  • CarWale and BikeWale, part of the consumer group, witnessed record revenues and traffic growth during the festive season.
  • CarTrade reported a 6X rise in its Q2 consolidated profit and a 28.5% YoY rise in quarterly revenue.

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