Malaysia’s Carsome To List On Nasdaq At $2 Billion Valuation

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Malaysia’s Carsome To List On Nasdaq At $2 Billion Valuation
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The used car marketplace has has confidentially filed for the IPO with Nasdaq already, according to a report from Deal Street Asia

is reportedly seeking to go public through a dual listing on Nasdaq and the Singapore Stock Exchange that would value the company at around $2 billion.

The used car marketplace has has confidentially filed for the IPO with Nasdaq already, according to a report fromThe listing, which is said to be aimed at raising $400 million, was encouraged by one of Carsome’s key investors, 65 Equity Partners, a unit of Singapore sovereign-wealth fund Temasek Holdings.

Carsome did not immediately respond to requests for comment. The company became Malaysia’s largest tech unicorn after it received

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