Daily Markup #952: Carsome appoints experienced automotive leader as Group President & COO; Bukalapak wins ESG award for financial inclusion efforts

Photo credit: Carsome

An automotive powerhouse

  • 500-backed used car marketplace Carsome has appointed a new group president and COO, Eric Chan. He brings with him three decades of experience in the automotive industry across Singapore and Malaysia, including as managing director at Jardine Cycle & Carriage’s Singapore subsidiary, as well as chairman for a Malaysian unit that operates Mercedes-Benz dealerships in the country.
  • “Eric Chan’s notable career in automotive leadership, particularly his work at Jardine Cycle & Carriage, makes the industry veteran a valued addition to our Carsome family,” shared Co-founder & CEO Eric Cheng.
Photo credit: AIBP

Winning for equality

  • Congratulations to the Bukalapak team for winning the 2023 ASEAN Tech for Environmental, Social, and Governance (ESG) Awards!
  • The team’s winning project showcased their focus on “Empowering MSMEs with Inclusive Financial Infrastructure”, aiming to address financial inclusion challenges in Indonesia through initiatives like Mitra Bukalapak and Kirim Uang.
  • Mitra Bukalapak offers better buying terms and logistics for MSMEs (micro, small, and medium enterprises), while Kirim Uang remittance service processes transactions in real-time, enabling instant transfers to 62 destination banks.

Other stories you may have missed:

  • VTF’s metaverse platform wins excellence award in China, opening doors for strategic expansion into its tech market
  • Lingokids becomes the #1 app for preschoolers and reaches 78M+ families worldwide, all through organic growth strategies
  • eFishery and JALA’s technology set to help Indonesian farmers capture rising global demand for seafood
  • iMotorbike Co-founder Sharmeen Looi leads the charge in creating an inclusive environment in a male-dominated industry
  • Laka partnered Gazelle to create a connected services package that includes 1 year of free recovery and theft insurance powered by Laka
  • Chickin donated a climate control device to vocational high school students’ practice lab to equip the younger generation with technological skills and the passion to participate in maintaining food security
  • EST N8 appointed Chatsuree ‘Chat’ Sripamorn for an Asian sales role ahead of the company’s debut at FilMart


Daily Markup