Malaysian unicorn Carsome keen to expand in SE Asia, looks to break even this year

Malaysian unicorn Carsome keen to expand in SE Asia, looks to break even this year

Eric Cheng, Carsome co-founder and group CEO.

Malaysia’s first unicorn, online used-car platform Carsome, has advanced by leaps and bounds since launching in 2015 and is now looking to strategically position itself in a Southeast Asian market it sees as growing to an estimated $270 billion by 2025, CEO Eric Cheng told Nikkei Asia.