BFM Podcast

Despite IPO Stall, Carsome On Track To Profit In 2H2023

Tan KW
Publish date: Fri, 14 Apr 2023, 09:49 AM
Despite IPO Stall, Carsome On Track To Profit In 2H2023

14-Apr-23 08:00

Eric Cheng, Founder & CEO, Carsome

Integrated auto e-commerce platform Carsome has the distinction of being the first Malaysian unicorn, reaching the critical USD$1 billion valuation in July 2021. But as global macroeconomic headwinds dampen the prospects of industry disruptors like Carsome, including scuppering its widely touted IPO last year, can the company stay on course for growth and profitability? Eric Cheng, CEO and co-founder of Carsome discusses how it plans to navigate the challenging track ahead.

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