Memorandum of Understanding (MOU)

 

Carro, Singapore’s largest AI-driven used car marketplace, has signed a Memorandum of Understanding (MOU) with Huawei Cloud APAC, signifying their extended cloud collaboration. 

As a technology partner, Huawei Cloud will support CARRO’s expansion in AI, website hosting, image recognition, and data science development. 

Both companies will collaborate on marketing programs, including summits, events, webinars, MOU/collaboration ceremonies, and possibly more. 

  • According to its website, CARRO leverages AI-powered technology to transform the car buying and selling experience through a proprietary pricing algorithm and AI-enabled capabilities.
  • Huawei will place CARRO on a trajectory to enhance its cloud technology infrastructure and advance its digitalization journey. 
  • Last year, CARRO announced a collaboration with Amazon Web Services (AWS) for the Carro X AWS Scholarship to inspire the next generation of computer and data scientists in Singapore.  

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