KaroOOOO Ltd is a publicly traded company that specializes in providing digital solutions and innovations within the entertainment and media sectors. The company focuses on developing advanced technologies and platforms that enhance user engagement and content delivery, aiming to enrich the consumer experience through seamless access to various forms of media. KaroOOOO leverages data analytics and user insights to tailor its offerings, facilitating better connection between creators and audiences while fostering a vibrant ecosystem for digital content consumption and distribution. Read More
Karooooo (KARO), a smart mobility SaaS platform provider for connected vehicles and other mobile assets, today announced that Group Chief Operating Officer Richard Schubert will participate in the Raymond James 26th Annual Institutional Investor Conference in Orlando, FL on Tuesday, March 4th at 4:35 p.m. ET.
Cartrack, a subsidiary of Karooooo Limited (NASDAQ: KARO), today announced the launch of Cartrack-Tag, an advanced wireless asset tag designed to meet the increasing need for rapid asset tracking of physical assets used in commercial operations. The new solution provides enhanced visibility in challenging environments, including low or no cellular network operating areas. Cartrack-Tag enables businesses to minimize the amount of time spent locating misplaced or stolen items, reduce related operating expenses, and simplify the process of managing assets regardless of cellular network connectivity.
Karooooo Ltd (KARO) is a global provider of real-time mobility data analytics solutions for smart transportation. Karooo’s share price rose about 104% in the past year from $23.59 to $47.99 as of Wednesday’s market close.
Karooooo Limited (“Karooooo”) (NASDAQ: KARO) reported strong results in the third quarter of FY2025 (“Q3 2025”) ended November, 30 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”).
Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Third Quarter 2025 Financial Results on Tuesday, January 14, 2025 shortly after 04:00 p.m. Eastern Time.
Karooooo Limited (“Karooooo”) reported strong results and a positive outlook in the second quarter (“Q2 2025”) and Half-Year (“HY 2025”) ended August 31, 2024. Karooooo owns 100% of Cartrack and 74.8% of Karooooo Logistics, (collectively, “the group”).
Karooooo Limited (NASDAQ: KARO) (“Karooooo” or “the Company”), which owns 100% of Cartrack and 74.8% of Karooooo Logistics, announced that the Company will release its Second Quarter 2025 Financial Results on Monday, October 14, 2024 shortly after 04:00 p.m. Eastern Time.
Karooooo Ltd. (“Karooooo”) today announced that Isaias (Zak) Jose Calisto (the “Selling Shareholder”), Karooooo’s Chief Executive Officer, has terminated the underwritten secondary public offering (the “Offering”) of ordinary shares previously announced on July 24, 2024. Though the proposed Offering, which was undertaken by the Selling Shareholder with the goal of improving liquidity for investors, was met with significant investor interest and an oversubscription of demand, the Selling Shareholder determined that recent changes in market conditions and the resulting impact on the share price made it inappropriate to proceed with the Offering at the current time. As a result of such termination, no ordinary shares of Karooooo will be sold pursuant to the Offering. However, the Selling Shareholder retains flexibility under Karooooo’s Registration Statement on Form F-3 to conduct an offering in the future when market conditions are more favorable.
Karooooo Ltd. (“Karooooo”) today announced the commencement of an underwritten secondary public offering (the “Offering”) of a number of its ordinary shares held by Isaias (Zak) Jose Calisto, Karooooo’s chief executive officer (the “Selling Shareholder”), that generates $75.0 million in gross proceeds. In addition, the underwriters of the Offering will have a 30-day option to purchase up to a number of additional ordinary shares that generates $11.25 million in gross proceeds from the Selling Shareholder. The price per ordinary share will be determined following the bookbuilding process. Karooooo’s ordinary shares are listed on the Nasdaq Capital Market under the symbol “KARO.”
