Burda leads $19m round for Malaysia's Carsome
Burda Principal Investments, the investment arm of European technology and media company Hubert Burda Media, has led a $19 million Series B round for Malaysian online used car marketplace Carsome.
Existing investors Gobi Partners, InnoVen Capital and Lumia Capital also contributed to the funding round. Carsome will use the new capital to grow its presence in Southeast Asia, primarily in Indonesia...
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