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Stock impact report

Cartrack Launches Wireless Cartrack-Tag to Provide Unmatched and Secure Asset Control in Commercial Operations

Karooooo Ltd. - Ordinary shares (KARO) 
Company Research Source: Business Wire
- A machine-learning-powered, tamper-resistant tracking device that operates on Cartrack’s secure network, providing commercial customers with visibility and enhanced protection for high-value assets. JOHANNESBURG, South Africa--(BUSINESS WIRE)--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.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250218274997/en/Cartrack’s proprietary Show less Read more
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