1. Startups

From Motorcycles to Used Cars, CEO Moladin Explains The Reasons Behind The Change In Business Focus

DailySocial.id exclusive interview with Moladin Indonesia Co-Founder & CEO Jovin Hoon

Last week, Moladin officially announced the results $42 million series A funding led by Sequoia Capital India and Northstar Group. This investment will be focused on increasing the car transaction business, by expanding the branch network and business model within it.

DailySocial.id had the opportunity to chat with Moladin's Co-Founder & CEO Jovin Hoon, explaining the company's reasons pivot from motorcycle products to used cars, to the strategies they will rely on in the midst of fierce business competition car marketplace.

For information, Jovin was recently appointed as CEO of Moladin Indonesia. Previously he served as COO.

Decided to focus on used cars

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