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Carsome
Company in the news
Temasek-backed Carsome cutting hundreds of jobs to reach profit
The company is eliminating positions across Southeast Asia, with Indonesia and Thailand the hardest hit.
November 16, 2023
IPO
Carsome revs up for IPO with an eye on 2H profitability
Carsome sees expansion prospects including providing customised financial solutions and aftersales services.
July 27, 2023
SGX Research Series: 10 in 10
Carsome, Southeast Asia's largest integrated car e-commerce platform
Carsome's group CEO Eric Cheng has built up the region’s largest integrated car e-commerce platform
July 20, 2023
Equity raising
Carsome welcomes EvolutionX Debt Capital as new investor; group's liquidity position now at US$200 mil
This is EvolutionX Debt Capital’s first such investment in Southeast Asia.
June 19, 2023
Tech
Rude awakening for online used-car platforms
Buying and selling cars online and losing VCs’ money to build scale over time might be feasible in a world awash with cheap cash.
June 30, 2022
IPO
Malaysia's Carsome is said to delay Singapore, US dual listing
Carsome raised US$290 million in January at a valuation of US$1.7 billion in a series E round.
June 22, 2022
CXOs
How the CTO role is evolving
Chief Technology Officers have now become the darlings of the tech industry. But what exactly do they do?
October 26, 2021