About iCarAsia
iCarAsia is a Transportation, Automotive & Logistics company based in Kuala Lumpur (Malaysia) founded in 2012, and was acquired by Carsome in February 2022. Used cars are listed online for browsing and seller contact. iCarAsia has completed 3 acquisitions, including Carmudi Indonesia, Mobil123 and One2car. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars.
Company details
iCarAsia was founded in 2012 in Kuala Lumpur, Malaysia, as an online platform in the automotive sector. Used cars are listed by sellers for buyers to browse, with prices checked and options compared. Direct contact between buyers and sellers is facilitated through the platform. Operations focus on connecting participants in the used car market across the region.
- Headquarters Kuala Lumpur, Malaysia
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website icarasia.com
- Social LinkedIn X Facebook
- Acquired by Autohome (Nov 2020)
- Latest Funding Round$19.3M (USD), Post-IPO
Nov 2017
- InvestorsCarsales
& 2 more
- Investments & AcquisitionsCarmudi Indonesia
& 2 more
- Acquired by
Funding Insights of iCarAsia
- Total Rounds 5
- Last Round Post-IPO — $19.3M
- First Round $6.5M
(Mar 2014)
- Investors Count 1
All 5 funding rounds of iCarAsia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $19.3M | Post-IPO | – | – | – |
| Sep 2016 | $17.51M | Post-IPO | – | – | – |
| Jul 2015 | $8.62M | Post-IPO | – | – | – |
| Nov 2014 | $18M | Post-IPO | – | – | – |
| Mar 2014 | $6.5M | Post-IPO | – | – |
3 investors in total: 3 institutional.
Investors in iCarAsia
iCarAsia has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Carsales, Autohome and Carsome.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online listing platform for used cars | 1998 | carsales.com.au | Melbourne, Australia | |
Automotive website providing the car related information | 2005 | autohome.com.cn | Beijing, China | |
Used cars are traded via an app-based C2B marketplace. | 2015 | carsome.my | Petaling Jaya, Malaysia |
Investor details for iCarAsia
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of iCarAsia
49 people are tracked at iCarAsia (13 in leadership, 36 in team).
| Name | Role | Group |
|---|---|---|
Digbijoy Shukla | Chief Executive Officer | Leadership |
Anggha Perdana | Director Of Dealer Business & Development | Leadership |
Ivan Ong | Head of Product | Leadership |
Calven Choo | Sales Director | Leadership |
Fenn Chia | Head of Media | Leadership |
Shawonnat T. (Fahn) | Head of Marketing | Leadership |
Wei Jian Lee | Head Of Business Analytics And Intelligence | Leadership |
Wong Weng Wai | Head Of Marketing | Leadership |
Crystal Lee | Head Of Media & Event Sales | Leadership |
Febry A. | Head Of Corporate Sales | Leadership |
Sin Mun Yee, FCCA | Head Of Finance | Leadership |
Lu Shia Lim | Finance Director | Leadership |
Wahyu Hidayat | Head Of Marketing, Event, And Media Ops | Leadership |
ปรางทิพย์ นันทวัฒน์ | Account Manager | Team |
Amalia Pamela | Account Manager | Team |
FELIX LEE | Account Manager | Team |
Jack Lim | Classifieds Northern Region Sales Manager | Team |
Henry Lee | Senior Account Manager | Team |
Jimmy Senapati | Account Manager | Team |
Jeremy Chong Siew Haw | Product Manager | Team |
29 more people are available in the full profile.
Complete people profiles for iCarAsia
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by iCarAsia
iCarAsia has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Carmudi Indonesia, Mobil123 and One2car.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category used vehicles are listed online via Carmudi Indonesia. | carmudi.co.id | Jakarta, Indonesia | 2013 | Sep 2019 | $3M | |
Online classifieds for cars | one2car.com | Bangkok, Thailand | 2010 | Nov 2014 | $14.43M | |
Indonesia-based car classified platform | mobil123.com | Jakarta, Indonesia | 2012 | May 2012 | $2.81M |
Complete acquisition details for iCarAsia
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of iCarAsia
9 dated milestones of iCarAsia across 10 years, from founding to its latest funding, stage changes and deals.
- Founded iCarAsia is founded.
- Acquisition Acquires Mobil123.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $6.5M.
- Acquisition Acquires One2car.
- Funding Latest funding round, Post-IPO, of $19.3M.
- Acquisition Acquires Carmudi Indonesia.
- Exit Acquired by Autohome.
- Exit Acquired by Carsome.
Web traffic of iCarAsia
The website of iCarAsia (icarasia.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 3.1% vs previous month
Websites whose visitors overlap most with iCarAsia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| revasia.com | 100% | View details | |||
fool.com.au | fool.com.au | 100% | #28,469 | – | |
aimgroup.com | aimgroup.com | 99% | #382,452 | – | |
| frontierdv.com | 99% | 11.2K | #2,911,550 | View details | |
investing.businessweek.com | investing.businessweek.com | 71% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for iCarAsia
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Icarasia
Complete news archive for iCarAsia
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about iCarAsia
iCarAsia was founded in 2012 and raised its 1st funding round 2 years after it was founded.
iCarAsia is headquartered in Kuala Lumpur, Malaysia.
iCarAsia was founded in 2012 in Kuala Lumpur, Malaysia, as an online platform in the automotive sector. Used cars are listed by sellers for buyers to browse, with prices checked and options compared. Direct contact between buyers and sellers is facilitated through the platform. Operations focus on connecting participants in the used car market across the region.
iCarAsia has made 3 acquisitions, including Carmudi Indonesia, Mobil123, and One2car.
Yes. iCarAsia was acquired by Autohome in November 2020.