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2025-04-14 04:24:57 -

Carsome partners JACCS to accelerate auto financing in Malaysia
Carsome, Southeast Asia’s largest integrated car e-commerce platform, and JACCS, a Japanese consumer finance company under the Mitsubishi UFJ Financial Group (MUFG), have officially cemented their strategic partnership to accelerate accessible auto financing in Malaysia. Carsome said in a statement on Thursday that the partnership followed the initial announcement in February 2025 and...

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2025-04-03 12:22:20 -

Carsome partners with Google Cloud, Searce to enhance car transaction, ownership experience
Southeast Asian car e-commerce platform Carsome Group Inc. has on Thursday announced a multi-year collaboration with Google Cloud, and Searce to fuel its continued expansion and growth in the markets where it operates. Carsome said in a statement that the collaboration will use Google Cloud’s platform services across modern infrastructure, cybersecurity, data analytics, and generative...

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Ifvex

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2025-01-15 13:03:43 -

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations
The Islamic digital bank consortium led by KAF Investment Bank Berhad, together with Carsome, MoneyMatch, Jirnexu and StoreHub, announced that they have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) for its operating entity KAF Digital Berhad to commence operations as a digital bank, starting Dec 20, 2024. This approval is granted following a...

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Ifvex

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2025-08-16 02:34:50 -

Malaysia’s Carsome posts record profit in second quarter
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform, said Thursday it has delivered its most profitable quarter to date in the second quarter of 2025, posting an earnings before interest, taxes, depreciation, and amortization (EBITDA) of over $5 million and continuing its trajectory of sustained, quality earnings. Carsome said in a statement that in the second...

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Ifvex

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2025-06-12 09:55:08 -

Malaysia’s Carsome records EBITDA of $4.3M in the first quarter
Carsome Group Inc, Southeast Asia’s largest integrated car e-commerce platform starts 2025 strong, posting earnings before interest, taxes, depreciation, and amortization (EBITDA) of $4.3 million in the first quarter, and continuing the positive momentum from its profitable close to FY2024. The firm said in a statement on Thursday that in the first quarter, the group’s gross profit...

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2025-02-10 17:53:22 -

MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financing
Carsome Group, Southeast Asia’s (SEA) largest integrated car e-commerce platform, and JACCS Co., Ltd., a Japan-based consumer credit service firm of the Mitsubishi UFJ Financial Group (MUFG), have announced a strategic partnership via Carsome Capital Sdn. Bhd., the financing arm of Carsome. Carsome said in a statement on last Thursday that as part of this strategic partnership, JACCS...

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