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

Website https://www.carsome.my
Social        
Email id info@carsome.my
Phone number +60 1800 82 3388
Head office address Petaling Jaya, Selangor, Malaysia
Tags e-commerce automotive used cars

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 AutomotiveE-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
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

What are Carsome's business model and service classifications?

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
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