SHAH ALAM - CARSOME Group Inc, Southeast Asia’s largest integrated car e-commerce platform, has just delivered its most profitable quarter to date.
In the second quarter of 2025, the company posted an EBITDA of over USD five million, marking a milestone in its journey towards sustained, quality earnings.
The achievement reflects a 19 per cent year-on-year increase in gross profit, powered by strong performance across both its wholesale and retail divisions.
The gains were not just in numbers. Group-wide cost discipline boosted efficiency, while sharper operations translated into a more than fourfold jump in EBITDA compared to the same quarter last year.
For the first half of 2025, cumulative EBITDA crossed USD 10 million which is a sevenfold leap from the same period in 2024.
“Our agile operating model continues to drive market share gains in a rapidly evolving environment.
“We remain confident in delivering sustained profitable growth throughout the year, even amid regional macroeconomic uncertainties,” said CARSOME co-founder and group chief executive officer Eric Cheng.
For Cheng, the company’s success is rooted in the understanding that cars are more than just a purchase but also a necessity.
“We view mobility access as a structural need in Southeast Asia, not just a consumer preference.
“By anchoring our solutions in quality assurance and post-sale confidence, we are not only meeting current demand but cementing our long-term market leadership,” he explained.
One of CARSOME’s latest moves, the launch of the CARSOME Value Plus range, reflects this commitment.
The range aims to open up access to reliable vehicles for a wider segment of buyers, aligning with national efforts to make mobility more affordable and ease financial pressures for households.