Press Release

Carsome Partners CIMB Bank to Provide Dealers Seamless Access to Financing Digitally

Collaboration to Stimulate Market Demand and Drive Growth for Used Car Industry   KUALA LUMPUR, 20 JULY 2020 – Southeast Asia’s largest online used car trading platform, Carsome has entered a partnership with CIMB Bank Berhad (CIMB) to provide a co-developed inventory financing solution to used car dealers, directly reducing processing time and minimizing physical …

Carsome Partners CIMB Bank to Provide Dealers Seamless Access to Financing Digitally Read More »

Carsome Makes V-Shaped Recovery in June; On Track for Record High Transaction Volume in July

Efficiency during Lockdown Periods Key to Strong Recovery   KUALA LUMPUR, JAKARTA, BANGKOK & SINGAPORE, 13 JULY 2020 – Southeast Asia’s largest online used car trading platform, Carsome has successfully made a V-shaped recovery since resuming business amid easing Covid-19 lockdown measures across Malaysia, Indonesia, Thailand and Singapore. In June, Carsome has almost fully recovered …

Carsome Makes V-Shaped Recovery in June; On Track for Record High Transaction Volume in July Read More »

CMCO

Carsome Introduces RM55.5 Million Dealer Alliance Support Program to Boost Used Car Industry

Kuala Lumpur, 13 May 2020 – Southeast Asia’s leading online used car selling service, Carsome recently launched the Carsome Dealer Alliance Support Program to create sales and growth opportunities for used car dealers through bonus rewards and credit lines. The Carsome Dealer Alliance Support Program, worth up to RM55.5 million, facilitates sustainable development for Carsome’s …

Carsome Introduces RM55.5 Million Dealer Alliance Support Program to Boost Used Car Industry Read More »

Carsome’s Leadership Team Sets Up COVID-19 Support Fund For Its Employees Across Southeast Asia

Malaysia, 13 April 2020 – Southeast Asia’s leading used-car selling service, Carsome has announced that they have set up a COVID-19 Support Fund for all of their employees in Malaysia, Indonesia, Thailand and Singapore. The US$50,000 fund is sponsored by Carsome with contributions by its management team from their respective salaries. It will cover Carsome’s …

Carsome’s Leadership Team Sets Up COVID-19 Support Fund For Its Employees Across Southeast Asia Read More »

Carsome Strengthens Senior Leadership – Appoints Juliet Zhu, as Chief Financial Officer

Carsome, Southeast Asia’s leading used-car trading platform has appointed Juliet Zhu as its Chief Financial Officer (CFO) from 1 January 2020. Juliet brings extensive experience having worked in Long-Short Hedge Fund focusing on the Technology sector as well as in Director and Board Member roles in various Venture Capital (VC) funds and companies. This includes …

Carsome Strengthens Senior Leadership – Appoints Juliet Zhu, as Chief Financial Officer Read More »