QIA, 65 Equity Partners and Seatown led a $290m Series E round in Carsome.

QIA, 65 Equity Partners and Seatown led a $290m Series E round in Carsome, Southeast Asia’s largest integrated car e-commerce platform, with participation from Mediatek, Sunway, Gokongwei Group, YTL Group, and Taiwan Mobile. Carsome plans to use the proceeds raised in this round of financing to accelerate investment in people, product, technology, data capability, infrastructure, and regional expansion of its retail brand, Carsome Certified, across key markets in Malaysia, Indonesia and Thailand.