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Carsome Completes Its Acquisition of Parent Company Mobil123 and Carmudi Indonesia
June 10, 2022
Carsome Group has announced that it has completed its acquisition of iCar Asia. They took over 80.1% of the shares of Catcha Group and other shareholders. After this corporate action, Carsome became the sole shareholder ...
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Carsome Receives Series D Funding worth IDR 424 Billion
December 11, 2020
Carsome received Series D funding worth USD 30 million or around IDR 424 billion from Asia Partners, Burda Principal Investments, and Ondine Capital. Eric Cheng, Co-founder & Group CEO at Carsome, said that this funding ...
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Carsome Pursues Profitability in Indonesia and Thailand Through New CFOs
January 15, 2020
Carsome, a used car marketplace platform in Southeast Asia, announced the appointment of Juliet Zhu as Chief Financial Officer (CFO) since January 1, 2020. Zhu is believed to be able to help strengthen Carsome’s position ...
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