Carsome Group

Temasek-Backed Carsome cutting hundreds of jobs to reach profit - THE EDGE SINGAPORE

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.

IPO

Carsome revs up for IPO with an eye on 2H profitability

Carsome sees expansion prospects including providing customised financial solutions and aftersales services.

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.

M&A

CarTimes, Carsome believe they drive better together

Following the merger, CarTimes will now be known as “CarTimes, powered by Carsome”.
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