Carsome closes US$50M Series C; aims to be operationally profitable by end-2020

Carsome, a used-car trading platform in Malaysia with a presence in several other markets in Southeast Asia, has completed its US$50 million Series C round in a combination of equity and debt investments. Investors include MUFG Innovation Partners, the corporate VC arm of Mitsubishi UFJ Financial Group, and Daiwa PI Partners, the PE arm of […] The post Carsome closes US$50M Series C; aims to be operationally profitable by end-2020 appeared first on e27.