Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs as it works to reach profitability ahead of a potential stock-market listing.
(Bloomberg) Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs as it works to reach profitability ahead of a potential stock-market listing.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’Trudeau Faces Calls to Exit With His Party Trailing in PollsThe company is el
Carsome Group, which operates a South-east Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs as it works to reach profitability ahead of a potential stock-market listing. Read more at straitstimes.com.
Kuala Lumpur: Southeast Asia’s largest integrated car e-commerce platform Carsome Group Inc has improved its liquidity position to about US$200 million (US$1=RM4.61) at the close of its latest fundraising round.
Carsome raises fresh funds including debt from EvolutionX dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.