01 Oct Carsome appoints CTO
Carsome, a Malaysia-based used car marketplace, has named Chet Sin as its chief technology officer (CTO) to spearhead new product development. He will lead the engineering, product and infrastructure teams to drive regional expansion. Before joining Carsome, he was head of IT and Digital Commerce at FWD Insurance, based in Hong Kong. Prior to iFWD Insurance, Chet was head of Commercial Systems in AirAsia BIG where he spearheaded the system development for the successful integration of online travel retailing into the loyalty business. Launched in 2015, Carsome is led by co-founders Eric Cheng and Jiun Ee Teoh. The company’s core business is selling cars to individuals and agents via its online bidding platform, through which it facilitates the entire sale from inspection to payment and other logistics. Apart from Malaysia, Carsome is also present in Indonesia, Thailand, and Singapore. It claims to have one of Southeast Asia’s largest dealer networks with over 4,000 registered dealers on its platform. Recently, we reported that Carsome is in talks to raise $40 million in a Series C funding round by the end of this year.
This article was taken from : https://www.dealstreetasia.com/stories/people-digest-carsome-eastspring-155975/