Carsome
Carsome announces most successful quarter with over US$310mil revenue in 2Q2024, new financing line from Maybank
Revenue grew 9% QoQ with over 3x EBITDA jump, GPU up by over 5%
Push ancillary biz, especially Carsome Capital with working capital lines from banks
Carsome secures US$21.39mil financing facility from AmBank
Claims this to be its largest bank-backed facility
Facility at this scale a strong validation of Carsome’s business model
Carsome announces strategic changes to strengthen C-suite bench
Carsome has announced strategic leadership transitions to strengthen its commitment to growth and operational efficiency.
Carsome announces the appointment of Miguel Fernandez as its CFO
Carsome Group Inc., has appointed Miguel Fernandez as its group CFO, effective from 1 November 2023.
MDX 2023 as a platform to showcase Malaysian tech capabilities
MDEC aims to be spark to help the world discover capabilities of its companies
6-week event allows for many conversations to happen around specialised events
APU rock star duo shine at Microsoft's Code Without Barriers Hackathon 2023
A sustainable and inclusive tech industry requires active participation from those who are well-trained and knowledgeable in this profession, including women.
CARSOME raises undisclosed funding round, emphasises its US$200mil liquidity position
Mostly existing investors with new investor, EvolutionX Debt, a SG based debt fund
Claims independent biz units have hit profitability with over 30% revenue growth
With its US$31.5mil funding, Soft Space sets record as highest Series B raised by a Malaysian startup, eclipsing Aerodyne
Aims to expand global footprint, strengthen operations
Southern Capital led round with Malaysia’s Hibiscus Fund among investors
Carsome announces 5 finalists from first auto ecosystem-focused accelerator in ASEAN
Each to get US$25k investment from final pilot round
Carsome hopes to find partner able to deliver cutting-edge innovation
CIMB introduces auto dealer app for financing, partners with Carsome to accelerate rollout
Expedite auto financing application process in fast, secure, seamless manner
Submit financing applications anytime, anywhere with real-time tracking
