Used car pricing adjustment lag from GST cuts
GST reduction on new cars caused used car prices to correct with a lag, temporarily impacting remarketing conversion rates.
CARTRADE / Q3-FY26 / risks
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Cartrade Tech · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Potential disintermediation from AI/LLMs
Analyst raised concern that LLMs could reduce site visits; management argued deep integration and proprietary data provide a moat.
CarDekho acquisition put on hold
Management decided to pause the CarDekho acquisition, citing high internal growth opportunities; diligence costs impacted Q3.