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Announced

Completed

MediaTek led a $170m Series D2 funding round in Carsome.

Financials

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Transaction Value£123m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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e-commerce

Minority

Malaysia

car selling

Friendly

Completed

Acquisition

Venture Capital

Cross Border

automotive

Private

E-commerce

Private Equity

Synopsis

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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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