Online classifieds businesses Frontier Digital Ventures, which operates in emerging "frontier" markets, has poached Jason Thoe from the Catcha Group's auto vertical iCar.
FDV founder and CEO Shaun Di Gregorio says Thoe's appointment as director of Growth & Operations, Auto Verticals underpins the company’s expansion plans.
Di Gregorio says there are a number of exciting developments underway at the company and Thoe's proven expertise and outstanding track record "will be invaluable as we drive them forward”.
“Thoe is an established and trusted leader, with extensive experience operating successful digital businesses across emerging markets globally," he says.
Thoe held several roles across iCar's seven brands in three markets.
According to Frontier Digital Ventures, as country manager for Malaysia, he led the business to profitability in 2015 with an impressive year-on-year revenue growth of 66 per cent, contributing towards 60 per cent of the iCar Asia’s overall revenue
Prior to iCar Asia, Throe held a variety of leadership roles at digital, technology and consulting businesses.
“I am incredibly excited for the opportunity to be a part of the Frontier journey, as I share their passion for building market leading online classified businesses,” Thoe says.
“I look forward to leveraging my experience to drive the company’s growth strategies across frontier markets globally.”
Catcha Group founder Patrick Grove is a major investor in Frontier Digital Ventures.