Carsome open to new funding from investors

CEO Cheng said the company was looking for strategic investors whose “businesses are able to add value to what we are doing, be it on car trading, financing or insurance”.

SINGAPORE: South-East Asia’s largest car eCommerce platform Carsome is open to new funding from potential strategic investors, its co-founder and group chief executive officer (CEO) has told Reuters.

Speaking on the sidelines of the Forbes Global CEO Conference in Singapore, Carsome co-founder and group CEO Eric Cheng said the company was looking for strategic investors whose “businesses are able to add value to what we are doing, be it on car trading, financing or insurance”.