{"id":5198,"date":"2024-07-23T00:00:00","date_gmt":"2024-07-22T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=5198"},"modified":"2024-07-22T18:03:45","modified_gmt":"2024-07-22T10:03:45","slug":"daily-markup-1035-carsome-fuels-up-to-expand-hassle-free-car-trading-across-southeast-asia-with-us21m-financing-facility-from-ambank","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=5198","title":{"rendered":"Daily Markup #1035: CARSOME fuels up to expand hassle-free car trading across Southeast Asia with US$21M+ financing facility from AmBank"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXc18ccqy-uwjTyPnBZTRWDw7pfYEQlo79DyhlKs_SOtoNFcsXjgfc0OmSjR993y5fVaoZEWM3rSFJvSwqwCyquyX6bjINUpSH7lPqs3ueeMpn3Ay8KA_gxJThMgYGVhez3n1Y1hiUYgvm109GWr4zYbPGIU?key=hS7y5MQUxLQr5_Bl92176w\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: CARSOME<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A winning ride<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Seamless used car trading is set to reach more people across Southeast Asia. 500-backed integrated car e-commerce platform <a href=\"http:\/\/carsome.my\">\u00a0CARSOME Group<\/a> secured a US$21.4M financing facility from AmBank Group to fuel Carsome\u2019s future growth.<\/li>\n\n\n\n<li>The team shared that this is the largest bank-backed facility for the group, significantly enhancing their capacity to grow and innovate. The team plans to further accelerate different stages of the used car trading process, offering a comprehensive, hassle-free experience to their customers.<\/li>\n\n\n\n<li>Co-Founder, Chairman &amp; CEO <a href=\"https:\/\/www.linkedin.com\/in\/ericcheng85\/\">Eric Cheng<\/a> shared, \u201cA financing facility at this scale is a strong validation of CARSOME\u2019s business model and allows us to enhance CARSOME Group\u2019s overall financing capabilities.\u201d<\/li>\n\n\n\n<li>\u201cIt also underscores our commitment to providing accessible solutions for our customers and elevating the car ownership experience. Through CARSOME Capital, we will leverage this partnership to further expand our service offerings, broadening our impact and continuing to innovate in the automotive ecosystem across Southeast Asia,\u201d he added.<\/li>\n\n\n\n<li>Congratulations to the CARSOME team!<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/4f5EULj\">TechNode Global<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A winning ride<\/p>\n","protected":false},"author":5,"featured_media":5199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[341],"class_list":["post-5198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-carsome"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #1035: CARSOME fuels up to expand hassle-free car trading across Southeast Asia with US$21M+ financing facility from AmBank - 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