Malaysia’s Carsome eyes US IPO as it hits $1.75 billion valuation

September 01, 2021 8:04 AM

SINGAPORE (REUTERS) – South-east Asian used-car marketplace Carsome Group said it has raised US$170 million (S$228.6 million) in a funding round from investors including Taiwanese chipmaker MediaTek, cementing its position as Malaysia’s largest tech unicorn, valued at US$1.3 billion (S$1.75 billion).

Source : http://www.straitstimes.com/business/companies-markets/malaysias-carsome-eyes-us-ipo-as-it-hits-175-billion-valuation