Consistent Q3 2024 momentum positions Malaysia’s Carsome for...

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2024-12-05 13:33:51

Consistent Q3 2024 momentum positions Malaysia’s Carsome for first full profitable year

Malaysia-headquartered Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, continues to deliver record profitability, with adjusted EBITDA increasing over 3x quarter-on-quarter (QoQ). Ancillary income for the group rose by 26 percent, bringing overall gross margins to over 10 percent, the company said in a statement on Wednesday. The group reported over $305...

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