Carsome

In the interview, Kee also shared the opportunities Carsome sees in building a digital bank in Malaysia and the competitive edge it has against others. He, however, declined to comment on the launching timeline of the digital bank.

As part of the "employee base optimization", Carsome said it will focus on improving productivity across the business, aligning resources with contributions to the bottom line, and enforcing stricter performance management. This strategy will impact a certain number of employees, who will receive their full severance package and extended health benefits…

Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s efforts in growing a high-skilled workforce to solve customers’ pain points in the car ownership journey.

Malaysia-based integrated car e-commerce platform Carsome, announced Thursday the appointment of football legend, Eric Cantona, as its brand ambassador. In his capacity as ambassador to the brand, Cantona will take an active involvement in Carsome’s upcoming promotional activities this year as well as group-wide advertising campaigns in Malaysia, Indonesia…

Carsome, which is also Malaysia's first tech unicorn, has halted work on the planned offerings that were set for this year, the people reportedly said. Carsome may revive the first-time share sales next year if markets improve, they added.

The advisory board is made up of "individuals of various specializations, dynamic perspectives and deep expertise who will provide insights, connect networks and share experiences in building and scaling technology companies in the region", Carsome said.

Southeast Asia’s largest integrated car e-commerce platform, Carsome, has elevated its hassle-free car buying experience with the launch of Carsome PJ Automall, its biggest experience center to-date in Malaysia and first that comes with electric vehicle charging stations.

KAF Investment Bank-led consortium was among the low-profile bidders for the digital banking licenses. Besides Carsome, the KAF Investment Bank-led consortium also includes two other FinTech firms, Jirnexu and MoneyMatch.

The partnership will enable Carsome to capture and serve customers from their early stage of car exploration and bring a more engaging and fun experience to the car transaction and ownership journey.