Malaysia's Carsome plans foray into Philippines in 2020

Used car marketplace is also considering moving its HQ to Singapore

20190924 manila used car

Used cars for sale along a busy road in Las Pinas, south of Manila, in the Philippines. © Reuters

KRISTIE NEO, DealStreetAsia

SINGAPORE -- Malaysian used car marketplace Carsome wants to enter the Philippines next year, says CEO and co-founder, Eric Cheng. The Gobi Partners-backed company currently operates in four Southeast Asian markets: Indonesia, Singapore, Thailand and Malaysia.

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