Carsome welcomes new CFO

By CARSIFU | 14 January 2020

PETALING JAYA: Carsome, Southeast Asia's leading used-car trading platform, has officially announced the the appointment of Juliet Zhu as Chief Financial Officer.

She brings extensive experience in growth strategy and capital planning, having worked in the investment industry across China, India and most of all, Southeast Asia.

This includes most recently with Fosun RZ Capital, a Global Venture Capital (VC) under Hong Kong-listed multi-billion-dollar conglomerate Fosun Group, as well as other Southeast Asia-focused venture capital firms such as Jubilee Capital Management and Cento Ventures.

Following Carsome's successful Series C funding in December 2019, the addition of Zhu will strengthen Carsome's regional leadership in the industry by expanding its ecosystem of products and offerings, including financing, warranty, and insurance.

Carsome aims to be operationally profitable in Indonesia and Thailand by the end of 2020 and have achieved it in Malaysia since 2019.

"I have seen the growth of Carsome over the past few years, and I'm more and more convinced of the business model and the team. It's not a business for opportunists as it requires focus, perseverance, and lots of grunt work to build, and Carsome's team has proven their grit. I look forward to playing my part during this pivotal time in the industry and the company's history and will use everything I have to execute the vision we all believe in," said Zhu.