Announced
Completed
Financials
Sources
Tags
e-commerce
Minority
Malaysia
car selling
Friendly
Completed
Acquisition
Venture Capital
Cross Border
automotive
Private
E-commerce
Private Equity
Synopsis
MediaTek, a Taiwanese fabless semiconductor company, led a $170m Series D2 funding round in Carsome, an integrated automotive e-commerce platform. Additional investors included Asia Partners, Gobi Partners, 500 Southeast Asia, Ondine Capital, MUFG Innovation Partners, Daiwa PI Partners, Catcha Group and Penjana Kapital. "We are deeply honored and encouraged by the confidence and support accorded by our investors. We are geared up to achieve even greater heights while rolling out Southeast Asia’s integrated car e-commerce platform, now further solidified by various strengths within the ecosystem," Eric Cheng, Carsome Co-founder and CEO.
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