Carsome

Wuling’s commercial vehicle brand Linxys makes South-east Asia debut in Singapore with Carsome subsidiary CarTimes

The brand debuts with two electric vans, including the city-state’s first fully electric micro van

KAF Digital Bank is the second Islamic digital bank to go live in Malaysia, after Aeon Bank, which debuted in May 2024.

KAF Digital Bank joins Malaysia’s digital banking ranks, completing the first cohort

It aims to focus on empowering underserved communities through innovative banking services that are also aligned with syariah law, says its CEO

65 Equity Partners. From left: Adrienne Teh, managing director; Francis Woo, chief corporate officer and managing director; chief executive Tan Chong Lee; and investment principal Timothy Wee.

65 Equity Partners’ two Singapore funds focus on driving growth in companies regardless of former listing status

The fund manager aims to find businesses that are listed offshore which are underappreciated and have an Asian angle, says its CEO

The used-car marketplace, which operates in three other South-east Asian markets aside from its native Malaysia, is reportedly eyeing a public listing.

Carsome hits first Ebitda positive quarter in Q1 2024

CARSOME, a Malaysia-headquartered used-car marketplace, hit quarterly positive Ebitda for the first time in Q1 2024, the company said. It did not disclose hard numbers, but it partly attributed the de...

Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to questions, declining to comment on specific numbers.

Temasek-backed Carsome cutting hundreds of jobs to reach profit

Carsome Group, which operates a South-east Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs as it works to reach profitability ahead of a potential stock-market listing.