Will Quikr’s M&A spree harm it in the long run?

Will Quikr’s M&A spree harm it in the long run?

By TEAM VCC

  • 22 May 2017

Quikr’s $430 million fundraising from top global investors makes it imperative for it to grow fast, often with help from acquisitions. But its losses are widening and there is no sign of profitability. Investors will not overlook the reality for a long time.