Impact of a general decline in individual car ownership or sudden declines in demand for certain types of vehicles.
Continuing impact of the outbreak of the COVID-19.
Disruptions, failures, or breaches of its technology platforms.
Actual or perceived failure to protect personal information and other data.
Inability to keep pace with advances in technology or develop and introduce new and complementary products and services in a timely manner.
Fraudulent behavior of sellers or purchasers of used vehicles listed on its platforms.
Failure to maintain, protect, and enhance the recognition and reputation of its brands.
Inability to acquire, use, and maintain its domains and trademarks.
Dependency on a high ranking in organic search results or presence in app stores.
Failure to provide quality content on CarWale, CarTrade, and BikeWale.
Increase in competition among automotive digital platforms.
Decrease in the acceptance of its online offering as a suitable platform for the sale and purchase of vehicles.
Dependency on the culture and attractiveness of its platforms to potential and existing users.
Changing laws, rules and regulations, and legal uncertainties, including the withdrawal of certain benefits or adverse application of tax laws according to Cartrade IPO details.
Theft or damage of used vehicles in its auto malls.
Dependency on third-party service providers for many aspects of its business.