Post by account_disabled on Dec 30, 2023 2:24:07 GMT -5
Carsome, the leading used car sales platform Successfully raised 1,500 million baht in Series C funding. Preparing to aggressively attack the Southeast Asian market Carsome, the largest used car sales platform in Southeast Asia. Announcing the successful completion of Series C funding round with a total amount of US$50 million. Or equivalent to approximately 1,500 million baht in Thai money. This round of fundraising There is a new group of investors coming in, consisting of MUFG Innovation Partners Co., Ltd. (MUIP), a group of corporate investors. Under the financial group of Mitsubishi UFJ Inc. (MUFG), one of the world's leading financial institutions, Daiwa PI Partners, a joint venture group under Daiwa Security Group One of Japan's Largest Securities Groups, Endeavor Catalyst and Ondine Capital, Carsome's Series C Funding Round Existing investors also join: Gobi Partners and Convergence Ventures.
Carsome was founded as the leading used car sales platform in Southeast Asia. It has a strong market in Malaysia, Indonesia and Thailand, selling more than 40,000 vehicles annually with a value of more than US$300 million. Loans and hire-purchase agreements are not included. This funding round will strengthen Carsome's market leadership in the Malaysia WhatsApp Number List Indonesia and Thailand markets and expand into other countries. in Southeast Asia and accelerate the offering of financial products to dealers and consumers. Across multiple countries launched in the past 12 months, Carsome has enjoyed strong success with its portfolio of loans over the past year. and ready to expand by working with strategic partners including regional banks and other financial institutions Carsome is a one-stop solution for those looking to sell their cars. and car dealers Serving since Initial viewing of the car until the transfer of ownership With simple steps Instant payment with documentation
processed Customers can make appointments to check the condition and evaluate the price of their cars at various service centers. easily Customers can receive price estimates along with offers. Based on a reliable pricing tool and structure, the vehicle is then auctioned off to used car dealers in Carsome's entire network. When the customer accepts the price offer The documentation process is handled by Carsome. And the payment process will be transferred to the customer online as soon as the ownership is received. Carsome currently has more than 6,000 car dealers in its network in 50 cities in Malaysia, Thailand, Indonesia and Singapore, with Receive more than 12,000 services per month at Carsome's service centers in Southeast Asia. Carsome has more than 700 employees in Southeast Asia. Have effective investment results It can make a profit in Malaysia. and markets in other countries It is expected to be able to make a profit within 2020. Mr. Eric Cheng, co-founder and CEO of Carsome said, “With more than 4 million used car sales volumes per year in Southeast Asia, Carsome has a market share of 1 percent in the used car market in Southeast Asia. region We have helped more than 6,000 dealers expand.
rs. We believe
Carsome was founded as the leading used car sales platform in Southeast Asia. It has a strong market in Malaysia, Indonesia and Thailand, selling more than 40,000 vehicles annually with a value of more than US$300 million. Loans and hire-purchase agreements are not included. This funding round will strengthen Carsome's market leadership in the Malaysia WhatsApp Number List Indonesia and Thailand markets and expand into other countries. in Southeast Asia and accelerate the offering of financial products to dealers and consumers. Across multiple countries launched in the past 12 months, Carsome has enjoyed strong success with its portfolio of loans over the past year. and ready to expand by working with strategic partners including regional banks and other financial institutions Carsome is a one-stop solution for those looking to sell their cars. and car dealers Serving since Initial viewing of the car until the transfer of ownership With simple steps Instant payment with documentation
processed Customers can make appointments to check the condition and evaluate the price of their cars at various service centers. easily Customers can receive price estimates along with offers. Based on a reliable pricing tool and structure, the vehicle is then auctioned off to used car dealers in Carsome's entire network. When the customer accepts the price offer The documentation process is handled by Carsome. And the payment process will be transferred to the customer online as soon as the ownership is received. Carsome currently has more than 6,000 car dealers in its network in 50 cities in Malaysia, Thailand, Indonesia and Singapore, with Receive more than 12,000 services per month at Carsome's service centers in Southeast Asia. Carsome has more than 700 employees in Southeast Asia. Have effective investment results It can make a profit in Malaysia. and markets in other countries It is expected to be able to make a profit within 2020. Mr. Eric Cheng, co-founder and CEO of Carsome said, “With more than 4 million used car sales volumes per year in Southeast Asia, Carsome has a market share of 1 percent in the used car market in Southeast Asia. region We have helped more than 6,000 dealers expand.
rs. We believe