July 2021
Malaysia’s Carsome buys iCar Asia in $200m deal
Patrick Grove’s Catcha Group will sell ASX-listed iCar Asia to Malaysian platform Carsome in a $200m deal.
- Jessica Sier
December 2020
An iCar joyride for Patrick Grove's Catcha Group
The decisions of iCar's board to take a share-option-inducing $1 million loan from Catcha Group ahead of a possible takeover has left other investors upset.
- Tom Richardson
August 2018
How the rich invest: tech guru Patrick Grove's top investment picks
Patrick Grove is one of the nation's 100 richest people. He reveals the stocks that are catching his eye and how he goes about investing his wealth.
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- Julie-anne Sprague
February 2018
How the rich invest: Patrick Grove bets on iflix
Patrick Grove could be the next Australian entrepreneur in charge of a $1 billion "tech unicorn".
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- John Stensholt
December 2016
The Australian's Darren Davidson invents Carsales takeover
We really are grateful for The Australian's Darren Davidson. If it weren't for him, we'd be the worst journalist in Australia!
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- Joe Aston
February 2016
Patrick Grove to repeat iProperty template everywhere
Digital entrepreneur Patrick Grove is saying goodbye to the online marketplace that made his name but he aims to repeat its recipe for success everywhere from Asia to Zanzibar.
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- Michael Bailey
July 2015
Growth stocks of tomorrow
If your investment horizon is measured in decades you'll need more than high yielding blue chips in your share portfolio. Matthew Smith explains what to look for and names ten stocks to add to your watchlist.
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- Matthew Smith
December 2014
Diamonds and dogs: fundies’ highs, lows, and 2015 hopes
Even the best fund managers are only as good as their next call. The past year was a classic stock picker’s market, with the S&P/ASX 200 going nowhere but double-digit returns from some shrewd investors.
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- Vesna Poljak
November 2014
iCar Asia (ICQ)
Nick Caley, analyst at Baillieu Holst, has upgraded iCar Asia to a “buy” with a revised DCF valuation of $1.15 and price target of $1.40.
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- Elise Shaw
The five best ways to invest in Asia today
Five years ago it was only investment theme worth talking about. As financial markets from London to New York imploded, many pinned their hopes on the Asian growth engine to pull the global economy out of the mire.
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iCar Asia taps Bells, Baillieu for $21m placement
iCar Asia is seeking to raise $21 million in a placement through Bell Potter Securities and Baillieu Holst.
- Sarah Thompson, Anthony Macdonald and Jake Mitchell
September 2014
Carsales.com looks at iCar Asia takeover play
Online advertising giant Carsales.com may launch a takeover play for its smaller rival iCar, after a company associated with the Kuala Lumpur-based entrepreneur, Patrick Grove, announced its intention to shed a 27 per cent stake in the business.
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- Gretchen Friemann
July 2014
Merger with explorer helps MigMe to listing
Steven Goh, founder of Australia’s first online stockbroking firm Sanford Securities, will return to the local market later this month when his mobile gaming company MigMe completes a backdoor listing.
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- Sally Rose
June 2014
hipages $6m PE boost sets scene for growth, marketing, ASX IPO
Australian online marketplace operator hipages Group has pledged to spend big on branding and marketing in its push to become a household name ahead of an expected Australian Securities Exchange IPO tilt.
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- Sally Rose
Online classifieds offer potential in Asia
How would you like to go back in time and buy an online classifieds business back in 2004? Depending on your point of view, that’s the opportunity being presented by a second wave of ASX-listed companies with plans to make it big in Asia.
- James Frost
April 2014
iCar Asia marketing boosts audience numbers
An impressive performance for the three months to March 31, 2014, by iCar Asia triggered further positive share price momentum, leaving it sitting some 200 per cent ahead of where it was trading less than 12 months ago.
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- Trevor Hoey
November 2013
Catcha execs aim to work their magic on iBuy
Catcha Group executives Patrick Grove and Luke Elliott are at the front of the pitch to the latest initial public offer hopeful, Asian online retail play iBuy.
- Sarah Thompson, Anthony Macdonald and Gretchen Friemann
July 2013
Risk and reward in iCar’s rapid growth
While iCar Asia is a small business that is open to the risks of adapting to rapid growth and expansion into new countries, it has the potential to grow substantially off a low base.
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- Trevor Hoey
September 2012
- Opinion
- Opinion
iCar Asia makes key appointments
Recently listed iCar Asia has moved to shore up support for the stock, appointing a chief information officer and general manager of its Indonesian business.
- Sarah Thompson and Anthony Macdonald
- Opinion
- Opinion
iCarAsia starts trading
Investors will be watching for a strategic buyer when iCar Asia hits the ASX boards today, with some speculation the company has caught the eye of some larger listed players.
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- Sarah Thompson and Anthony Macdonald