CARSOME

CARSOME is pleased to announce that we have achieved our most successful quarter to date, having grown revenue by 9% QoQ to over USD310 million, trading 35,000 vehicles, and increasing EBITDA more than 3x in 2Q2024. Additionally, we have secured over RM200 million in new financing partnerships with leading banks like Ambank Group and Maybank, enabling us to accelerate the growth of our ancillary services such as financing, insurance, and aftersales support. This reinforces our commitment to offering a comprehensive one-stop solution for our customers’ vehicle ownership journey. Read the full release here : https://lnkd.in/gR4HK6sP

We are humbled to share that our Co-Founder, Chairman, and Group CEO, Eric Cheng, was recognized as the Tech Entrepreneur Unicorn Icon at PIKOM, The National Tech Association of Malaysia's Digital Excellence Awards 2024, in the presence of the Minister of Digital, YB Gobind Singh Deo. At CARSOME, our journey has always been about expanding the accessibility of mobility solutions and finding new ways to create value for all players in the automotive ecosystem. This award further fuels our dedication to revolutionize the automotive ownership experience into one that is trustable and more importantly, accessible to all. We are truly grateful for this acknowledgment from PIKOM and remain committed to working towards a future in which we continue driving positive change in the industry. #PIKOMDigitalExcellence #TechEntrepreneur #UnicornIcon #Innovation #CARSOME Photo 1 Credit: Gobind Singh Deo

CARSOME Hits the Road to recruit top talents at Career Fairs!🚕 We're excited to share that CARSOME has been actively engaging with top talents at career fairs hosted by Asia Pacific University of Technology and Innovation (APU / APIIT), Sunway University, and IKBN. These events provided a wonderful platform to connect with talented students and young professionals, giving us the chance to showcase our innovative work environment and exciting career opportunities. We met some amazing individuals passionate about the future of mobility, and we're thrilled to see the next generation shape the future of car ownership experience. Are you interested in joining a dynamic and fast-paced company transforming the car ownership journey? Check out our careers page: https://carsome.breezy.hr/ for open positions! #CARSOME #CareerFairs #Hiring #Automotive

We are thrilled to announce that Eric Cheng, Co-founder, Chairman, and Group CEO of CARSOME, will be speaking at the inaugural Tech in Asia Kuala Lumpur Conference on July 25, 2024, at the Hilton Hotel Kuala Lumpur. Date: July 25, 2024 Time: 10 am  Venue: Main Stage, Hilton Hotel Kuala Lumpur. Join us as Eric shares exclusive insights on CARSOME, Malaysia’s first tech unicorn in the automotive industry, and discusses the future of automotive technology with moderator Willis Wee, the founder of Tech in Asia. We look forward to seeing you there! #CARSOME #TechInAsia #TechinAsiaConferenceKualaLumpur #AutomotiveIndustry #MalaysianUnicorn #ThoughtLeadership #TechConference #Innovation #CorporateEvent

CARSOME Secures RM100 Million Financing Facility from AmBank Group! We are thrilled to announce that CARSOME has secured an RM100 million financing facility from AmBank Group, a significant validation of our business model that will enhance our liquidity and bolster our capacity for future growth. Established in 2015, CARSOME has rapidly grown into Southeast Asia’s largest integrated car e-commerce platform, offering a comprehensive suite of services, including car inspections, sales, financing, and after-sales support. This new funding will empower us to extend our reach, enhance our services, and drive sustained growth. The partnership was formalized today during a Signing Ceremony at Menara AmBank, underscoring AmBank’s support in accelerating the growth and future of the automotive industry. Patrick Chin, AmBank Group's Head of Commercial Banking, and Nicholas Wong, the Managing Director of CARSOME Capital Malaysia, signed the financing facilities. Witnessing the signing were Christopher Yap, MD of Business Banking, AmBank Group, and Eric Cheng, Co-Founder, Chairman, and Group CEO of CARSOME. Read more about this exciting development here: https://lnkd.in/gpbHSm3h #CARSOME #AmBankGroup #AutomotiveIndustry #FinancingFacility #Innovation

CARSOME DEBUTS NEW CAR SALES WITH NETA X EV! CARSOME is expanding from being Southeast Asia’s leading used car e-commerce platform to now offering brand-new vehicles, starting with the highly anticipated NETA X EV. This new partnership with NETA Auto Malaysia also positions CARSOME as their official trade-in partner, marking another addition to our value chain as Southeast Asia’s largest integrated car e-commerce platform. Both NETA and CARSOME inked the collaboration in a Memorandum of Understanding (MOU) at CARSOME PJ Automall, held in conjunction with the ongoing CARSOME Autofair. This collaboration showcases both companies’ commitment to advancing sustainable mobility and making EV ownership more accessible to Malaysians while enhancing the car-buying and selling experience for customers. Read more about this partnership here - https://lnkd.in/gDKJkzNc #CARSOME #NETA #Sustainability #Partnership #ElectricVehicles #NETAXEV

Selamat menyambut Maal Hijrah dan Awal Muharram kepada seluruh umat Islam. Semoga tahun baru ini membawa keberkatan dan kejayaan untuk semua 💛 #CARSOMEMY #MaalHijrah #AwalMuharram

Kami ingin mengucapkan selamat menyambut Hari Raya Aidiladha kepada semua muslimin & muslimat. Kepada semua yang balik beraya, pandulah dengan cermat dan semoga selamat sampai ke destinasi 💛 #CARSOMEMY #HariRayaHaji #EidAlAdha

Beep Beep 🚕 CARSOME is Hiring! We are looking for passionate individuals to join our team! Do you love cars? Do you thrive in a fast-paced environment? CARSOME, the leading integrated car e-commerce platform in Southeast Asia, is on the hunt for passionate individuals to join our growing team! Here's what it's like to work at CARSOME: 👉 Revolutionize car ownership experience: Be part of something bigger and make a real impact. 👉Work with passionate and innovative teams: Collaborate with brilliant minds who share your drive. 👉Embrace exciting challenges: We offer opportunities to learn and grow in a fast-paced environment. 👉Enjoy a competitive salary and benefits package: We value our people and offer attractive rewards. Ready to take your career to the next level? It's easy to apply! Just follow this link: https://carsome.breezy.hr/ or drop us your resume/CV at [email protected] #Hiring #CARSOME

CARSOME is proud to be the official trade-in partner at the Malaysia Autoshow 2024! This partnership highlights our commitment to offering trust, transparency, and choice to elevate the automotive ownership experience. By reinforcing a customer-focused automotive ecosystem, we aim to provide a comprehensive and enriching experience for all visitors. Join us at MAEPS from May 22nd to 26th to experience firsthand how we're driving innovation and delivering unparalleled convenience and value throughout your entire automotive ownership journey. For more details, read our press release here. https://lnkd.in/gs7ybbB6 #CARSOME #MalaysiaAutoshow2024 #CustomerExperience #AutomotiveInnovation