Carsome ceo - Carsome Group appoints CFO Juliet Zhu as Group President

In a tough used car business, Carsome and Carro race their way to the US stock market

He aims to build Carsome Certified into a full-fledged marketplace.

In the red corner, Aaron Tan brings his serial entrepreneurship and venture investing experience to Carro.


We not only want to help people sell cars, we will give them access to financing options when they buy used cars from our platform and through the dealers.

In fact, revealed that the second-hand cars market has had the lowest overall score among the goods markets — this was also the case in 2010 and 2011 in the European Union.

The system also provides dealers with recommendations for bidding on cars and allows analytics-backed inventory acquisition and liquidation strategies, among other functions.

Eric Cheng Beginning as a car comparison website, Carsome transformed into an integrated car e-commerce platform specialising in selling and buying used cars within the span of 6 months.

Description: Kr: We know that Carsome will also expand vertically in order to become an end-to-end marketplace for used cars.

Views: 1998 Date: 03.07.2022 Favorited: 127 favorites
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At the same time, Carsome has also partnered with financial institutions such as Axiata Group to provide financing and insurance products on its platform.
Fast forward to today, both platforms have crossed the USD 1 billion valuation mark and are racing neck and neck to become the.
EC: Beyond expanding horizontally to a new country such as the Philippines, we are going to expand vertically, offering everything that is related to the car-trading process.

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    Carsome Co-founder and Group CEO Eric Cheng commented that Mei’s appointment is crucial in Carsome’s bigger vision of expanding Carsome Certified in Southeast Asia. This arises from the company’s focus on vertical expansion from the consumer-to-business (C2B) to B2C model in 2021, as part of Carsome’s natural growth progression.
    By: ali_rn|||||||||
    Carsome, the Malaysia-based digital automotive company, has appointed Mei Han as CEO of Carsome Certified, the company’s b-to-c arm. As the CEO of Carsome Certified, Mei will work on integrating the classified’s product, tech and data capabilities. He aims to build Carsome Certified into a full-fledged marketplace.
    By: erikfrenz|||||||||
    Carsome Co-founder and Group CEO Eric Cheng said that this appointment is an important move to continue strengthening Carsome’s leadership team to achieve greater heights. “Ravi is a data-driven marketer who balances creativity with excellent execution.
    By: 2high4life|||||||||
    Eric Cheng has successfully disrupted the used car industry in Southeast Asia. Carsome, the Malaysia-based company he founded in 2015 with partner Teoh Jiun Ee, is the region’s biggest used car trading platform, employing more than 700 people. It connects buyers to car dealers, and transparently facilitates the entire process from inspection.
    By: CandelaZ|||||||||
    – Eric Cheng, co-founder & Group CEO of Carsome. Singapore comes in at 6th, behind the Philippines and Vietnam. Singapore is lucrative in average car transaction value, but limited in market size. The growth is further curtailed by the government’s zero car growth policy. Used car market unaffected by COVID-19
    By: AllStatsGame||||||||| - 2022
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