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Carsome partners with Google Cloud, Searce to enhance car transaction, ownership experienceSoutheast 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...0 Comments 0 Shares 5K Views 0 Reviews
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KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operationsThe 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...0 Comments 0 Shares 8K Views 0 Reviews
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Malaysia’s Carsome records EBITDA of $4.3M in the first quarterCarsome 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...0 Comments 0 Shares 1K Views 0 Reviews
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MUFG’s JACCS takes 49% stake in Carsome Capital to boost auto financingCarsome 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...0 Comments 0 Shares 6K Views 0 Reviews
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