Carsome

Malaysia's Carsome to buy iCar Asia in US$200mil deal that will create largest used car digital automotive marketplace in SEA
Malaysian-based Southeast Asian used-car e-commerce platform has cemented its position as a leading player in the region with its proposed US$200mil acquisition of iCar Asia, an ASX listed Southeast Asian focused car listing platform.
Carsome invests in Indonesia car auction firm, PT Universal Collection 
Carsome marks its first investment in Southeast Asia in 2021 as it acquires a stake in PT Universal Collection (PT UC), a Jakarta-based offline car and motorcycle auction company. 
Carsome sets up centre of excellence, appoints data chief
Car e-commerce platform, Carsome, has set up a data center of excellence (CoE) to revolutionize the used car industry through digitalisation and empower decision-making in business.
Carsome steers into first motorsports sponsorship
As part of its brand-building commitment, Carsome is now a sponsor of the B-Quik Absolute Racing Team Car #1
Vynn Capital Launches #VynnHack to offer opportunities in SEA for youth, entrepreneurs
Tap wisdom of crowds around challenges Carsome, Dropee and Travelio face Creativity and the free flow of thoughts will be the name of the day
Carsome raises US$30mil Series D round
One of largest all-equity rounds to date in SEA’s online automotive sector Eyeing US IPO by end 2023 as market interest for its segment is strong there
Carsome appoints Juliet Zhu as its first chief financial officer
Appointment will help the company strengthen its market position as SEA's leading used-car trading platform and ecosystem anchor.
Carsome Raises US$50m Series C via equity and debt investments
40,000 cars transacted annually on Carsome, 1% of SEA used car market Combination of equity and debt investments from new & existing investors
Funding Societies partners Carsome to reach underserved local used car dealers
Dealer financing tie up offers up to US$200 million in financing opportunities.
Carsome names Danny Chin as group chief marketing officer
Will lead all brand marketing, consumer marketing and trade marketing activities across the region.
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