Carsome Group is putting off plans to dual list as a publicly traded company on exchanges in the United States and Singapore because executives are concerned a decline in global financial conditions could reduce valuations for the used-car marketplace, Bloomberg reported Tuesday (June 21). Carsome,...
The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round. As Bloomberg News reported Friday (Jan. 7), that funding was led by the Qatar Investment Authority, 65 Equity Partners and SeaTown Holdings, Pte., with the latter two being linked...
Online used car platform Carsome has begun considering going public, a Bloomberg report says. The company, which is based in Kuala Lumpur, has begun considering a U.S. initial public offering (IPO). That would also make it the first Malaysian unicorn. The listing might also be...
January 07, 2022
The Malaysian online used-car marketplace Carsome Group has raised nearly $300 million in a funding round. As Bloomberg News reported Friday (Jan. 7), that funding was led by the Qatar Investment Authority, 65 Equity Partners and SeaTown Holdings, Pte., with the latter two being linked to Temasek Holdings Pte. Sources tell Bloomberg that Carsome — […]
June 20, 2021
Online used car platform Carsome has begun considering going public, a Bloomberg report says. The company, which is based in Kuala Lumpur, has begun considering a U.S. initial public offering...