Carsome upbeat about new partnerships

The group said it intends to leverage its market-leading scale to accelerate its financing, insurance, aftersales, and other ancillary services.

PETALING JAYA: Online used-car platform Carsome Group Inc is optimistic about its new financing partnerships with AmBank Group, Malayan Banking Bhd and others, which will provide over RM200mil in new working capital to support its expansion plans.

In a statement, the group, which is South-East Asia’s largest integrated car eCommerce platform operator, said it intends to leverage its market-leading scale to accelerate its financing, insurance, aftersales, and other ancillary services, aiming to provide dealers and customers with a comprehensive one-stop solution.