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Eric Cheng

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.
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
AirAsia Academy, Carsome to fill tech talent gap for women
AirAsia Academy joined forces with Carsome to develop in-demand marketable tech skills for the underprivileged women through #RatuTech
​​Carsome Group acquires WapCar, AutoFun businesses
Carsome has formally announced the acquisition of digital automotive content businesses WapCar and AutoFun from Tang Internet Ltd.
Carsome appoints new chief marketing head
Carsome has appointed Ravi Shankar Mallavarapu as its chief marketing officer (CMO).
Carsome, Grab in nationwide driver-partners campaign 
Carsome has tied up with Grab to launch the nationwide 'Own Your Ride' campaign, which claims to benefit over 100,000 Grab driver-partners and delivery-partners across Malaysia.
Download Digerati50 2020-2021 PDF

Digerati50 2020-2021

Get and download a digital copy of Digerati50 2020-2021