[3] It amalgamated Carmido (Nigeria), Ubilista (Mexico) and Motors.com (Myanmar) into one umbrella company in October 2013 [4] although the latter is still operating under the name motors.com.mm.

[8] By 2014, it launched ventures in Vietnam, Indonesia, Philippines, Cameroon, the United Arab Emirates, Saudi Arabia, Qatar, Sri Lanka, Ivory Coast, Rwanda, Congo, Jordan and Senegal.

In April 2014, after reporting 200% growth a month and a total of 100,000 listings around the world, Carmudi announced a $10 million funding round to expand its operations in Asia.

[16] Carmudi announced a $25 million second round in February 2015 to gear up its operations in Mexico and several Asian countries.

[20] In June 2015, Carmudi released its first white paper, "The Booming Automotive Industry in Emerging Markets",[21] providing a detailed look into the global state of automotive sales and how car purchasing behaviors have changed due to the drastic increase of internet and mobile penetration, rising GDP, and the emergence of a middle class.