Carsome
Malaysia’s unicorn Carsome open to new funding, open to dual-listing – report
Carsome is ready for an initial public offering (IPO) but is in no rush to list.
Carsome appoints former PwC Singapore chairman as first independent director
Southeast Asia’s largest integrated car eCommerce platform Carsome Group Inc. has on Monday announced the appointment of Yeoh Oon Jin to its board as its first Independent Director, effective from June 30, 2023.
Carsome partners PolicyStreet to introduce personal accident coverage in Malaysia
Malaysia-based user car platform Carsome has partnered InsurTech firm PolicyStreet to introduce Carsome Care+, a car personal accident coverage that also covers car loan payments in the event of unemployment.
Malaysia’s Proton forms partnerships with E-bidding firms myTukar, MUV and Carsome
Malaysian national carmaker Proton has formalized strategic partnerships with three E-Bidding Companies (EBC), namely myTukar, MUV and Carsome, to refine the disposal process of trade-in cars for customers.
Carsome completes latest financing round, bringing liquidity position to $200M
Malaysia-based integrated car e-commerce platform Carsome Group Inc, has on Monday announced the closing of its latest fundraising round, which brings the group’s liquidity position to approximately $200 million.
Carsome refutes funding bid from government; says its liquidity position remains robust at over $150M
Malaysia-based integrated car e-commerce platform Carsome has denied the report that it has petitioned to the Ministry of Finance in Malaysia for funding as its liquidity position remains strong at $150 million.
KAF-Carsome consortium targets to launch digital bank as early as year-end
Carsome, together with FinTech firm Jirnexu and digital remittance platform MoneyMatch, forms part of the consortium led by KAF Investment Bank which will be licensed under the Islamic Financial Services Act (IFSA) 2014.
Breakeven is near for Malaysian unicorn Carsome, says CEO Eric Cheng
“We've been seeing consistent growth coming not just from the volume of the transactions but at the same time, the margin potential has also been increasing with the help of retail business and ancillary services,” its Co-Founder and Chief Executive Officer Eric Cheng said .
Malaysia’s Carsome bolsters Indonesian operations via Electrum partnership and Nusantara expansion
Malaysia-based integrated car e-commerce platform Carsome is bolstering its Indonesian operations via partnership with Indonesian electric vehicle (EV) firm Electrum and has committed to investing in expanding its business in the nation’s planned Nusantara capital.
TechNode Global’s Top 10 feature articles in 2022
We have written some analysis and feature articles in 2022, covering various sectors, including FinTech, DroneTech, Web3, and electric vehicles, among others. Here are the most popular ones:
