Carsome Old Cars Business Mobilized 170 Million Usd In New Capital Calls

Carsome Group, the old automotive business foundation in Southeast Asia has mobilized US $ 170 million in calling capital from investors including Taiwan's mediatek chip manufacturer (China) .0: 00 / 1: 35 nuaneric Cheng, co-founder and Carsome CEO. Photo: Thesundaily.My Thai has helped strengthen the position of Carsome - Malaysia's largest technology, with a valuation of 1.3 billion USD

. The Southeast Asian startup company is attracting strong attention of Regional regional investment funds as well as global, thanks to strong growth rate.ERIC CHENG, co-founder and CARSOME CEO, said the most important thing that this foundation is trying to resolve is Due to the used automotive industry when consumers are familiar with buying online cars in the period many countries implementing policies to restrict travel in the past year. Established in 2015, Carsome Facing the competition from competitors such as Carro of Singapore supported by Softbank Vision Fund 2 and OLX Auto in Indonesia in OLX Group, the Group is running global trading platforms
Malaysia, Carsome also operates in Indonesia, Thailand and Singapore and is increasingly developing retail and opening centers Wide its services, including refund policies for five days and warranty for a year. The financial governor of Carsome, Juliet Zhu, is aims to increase sales three times to nearly $ 1 billion in the year Now and are expected to have profitable business in 2022. This platform has mobilized a total of more than 100 million USD in previous calls. Director Zhu said Carsome is considering listing shares in the US within the next 12 months. My tea (according to Reuters)

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