What is Carsome's business focus and history?
Carsome is a funded company based in Petaling Jaya, Malaysia, founded in 2015 by Eric Cheng and Jiun Ee Teoh. It operates as Southeast Asia’s largest integrated car e-commerce platform, offering end-to-end solutions for consumers and used car dealers. Carsome has raised significant funding, including $290 million in Series E financing in January 2022, reaching a valuation of $1.7 billion. The company has several active competitors, including Carro, Carmudi, and OLX Indonesia.
Carsome Corporate Details & Core Services
Carsome is Southeast Asia’s largest integrated car e-commerce platform, offering end-to-end solutions for consumers and used car dealers, including car inspection, ownership transfer, and financing.
Carsome Contact Information & Official Links
What are Carsome's Key Business Metrics & Stats?
No of employees
Founded year
2015
Type
private
SAICS CODE
5521
NAICS Code
441120
Industry
Automotive E-commerce
Location
Petaling Jaya, Selangor, Malaysia
Subsidiary Company
icarasia.com, wapcar.my, cartimes.com.sg
Other website
carsome.com, carsome.id, carsome.co.th, carsome.sg
Pricing Strategy
free car valuation, commission-based selling fees
Carsome
Firmographic Snapshot
2026
2015
Founded Year
Global Employees
Malaysia
Headquarters
Automotive E-commerce
Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Carsome raised to date?
Name
Description
Funding Amount
USD 200 Million
Stage
Series D2
Latest Valuation
1.7 Billion (USD)
Lead Investor
Asia Partners
Investors
Asia Partners, Burda Principal Investments
What are Carsome's Core Products?
Name
Description
CARSOME Certified Cars
Quality assured used cars with a 1-year warranty and 5-day money-back guarantee.
CARSOME Capital
Financing solutions for car buyers.
CARSOME Academy
Automotive training institution providing industry-relevant skills.
What are the latest developments at Carsome?
Date
Type
Description
January, 2022
funding
Raised $290 million in Series E financing.
January, 2022
acquisition
Completed acquisition of ASX-listed iCar Asia.
Carsome VS Carro VS Carmudi Philippines VS OLX Indonesia : 2026 Comparison
Feature
Carsome
Carro
Carmudi Philippines
OLX Indonesia
Core Strengths
CARSOME Certified Cars, CARSOME Capital, CARSOME Academy
Carro Marketplace, Carro Care, Genie Financial Services, Carro Leasing
Car Insurance, Used Car Finance, OR/CR Renewal, Sell Your Car
OLX.co.id
Founded Year
2015
2015
2013
2005
Stock Name/Ticker
Type
private
private
private
private
Global Employees
4500
Revenue (Annual)
$1.2 Billion(2025)
Headquarters
Petaling Jaya, Selangor, Malaysia
Singapore, Singapore
Taguig, Philippines
Jakarta Selatan, DKI Jakarta, Indonesia
Latest Valuation
$1.7 Billion
$1 Billion
$0
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Carro
1.2 | 4500
Competitive Landscape 2026
DexterAgent.ai
What are Carsome's official legal and registration details?
Name
Description
Legal Name
Carsome Sdn Bhd
Cin number
GST number
Registration number
201401025864
Who is in Carsome's executive leadership team?
Name
Designation
CEO
Eric Cheng
Group President & COO
Eric Chan
Group Chief Business Officer
Aaron Kee
Group Chief Technology Officer
Kjetil Jakobsen
Group Chief People Officer
Mohd Afifi Zahari
Where are Carsome's primary office locations?
City
Country
Jakarta
Indonesia
Bangkok
Thailand
Singapore
Singapore
Manila
Philippines
What are the current business signals and market intelligence for Carsome?
Spending next 3 months
technology development, market expansion, customer acquisition
Pain points
lack of transparency in used car transactions, time-consuming car selling process
Sales motion
online platform, physical inspection centers
Buyer Persona
individuals looking to buy or sell used cars, used car dealers seeking inventory
Type of customer
individual consumers, used car dealers
Key customer domain
individual consumers, used car dealers
Annual ACV
$10,000 - $50,000
What are Carsome's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
Yes
Service
Yes
Ecommerce
Yes
Exporter
No
Mobile App
Yes
Retail
Yes
B2B
Yes
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No