Online Event
How to Launch a Global Startup in Malaysia w/ Eric Cheng, Founder of Carsome
Hear deep insights from the Founder of Malaysia's first unicorn
Date
Feb 08, 2023
Time
05:00 am - 06:30 am
Address
Online Event
This is a great time to build a Malaysia startup, and on this interactive online event you can hear the story of a successful Malaysia Founder and ask them questions. Our featured guest for this event is Eric Cheng the co-Founder of Carsome, Malaysia's first Unicorn. Initially starting out as a car buying platform, Eric pivoted 6 months into starting Carsome into a car selling platform, after receiving numerous requests from their customers. Today, Carsome is the largest online platform for drivers to sell their cars and is present in 4 major SEA markets.
About the Keynote Speaker: Eric Cheng, Founder @ Carsome
Eric started his entrepreneurial journey in 2008 when he and a few college friends started a print magazine business. During his second year as an accounting student, Eric dropped out of school and joined an interactive online marketing company, Innity. Eric then started Clicks Communications in 2011, an ad network and creative agency. Within its first year, Eric sold his ownership back to his co-founders, realizing he had left Innity too soon. After returning to the firm, Eric continued to lead its digital advertising team and focused on improving global branding campaigns for his clients.
In 2015, he was again inspired to try his entrepreneurial hand, and convinced his Innity colleague Teoh Jiun Ee to launch a business with him. Having witnessed friends and family spend exorbitant time and stress haggling with local dealers to sell their cars, Eric and Jiun Ee decided to solve Malaysia’s fragmented and untapped auto industry. Initially starting out as a car buying platform, Eric pivoted 6 months into starting Carsome into a car selling platform, after receiving numerous requests from their customers.
Today, Carsome is the largest online platform for drivers to sell their cars and is present in 4 major Southeast Asian markets – Malaysia, Singapore, Thailand and Indonesia.
In 2015, he was again inspired to try his entrepreneurial hand, and convinced his Innity colleague Teoh Jiun Ee to launch a business with him. Having witnessed friends and family spend exorbitant time and stress haggling with local dealers to sell their cars, Eric and Jiun Ee decided to solve Malaysia’s fragmented and untapped auto industry. Initially starting out as a car buying platform, Eric pivoted 6 months into starting Carsome into a car selling platform, after receiving numerous requests from their customers.
Today, Carsome is the largest online platform for drivers to sell their cars and is present in 4 major Southeast Asian markets – Malaysia, Singapore, Thailand and Indonesia.
Additional Resources:
Find more Startup Events, learn about Finding a Co-Founder, or visit our Insight Blog for more startup tips.
Find more Startup Events, learn about Finding a Co-Founder, or visit our Insight Blog for more startup tips.
About Founder Institute:
The Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses. Since 2009, our structured accelerator programs have helped over 6,000 entrepreneurs raise over $1.75BN in funding. Based in Silicon Valley and with chapters across 95 countries, our mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.
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The Founder Institute is the world’s most proven network to turn ideas into fundable startups, and startups into global businesses. Since 2009, our structured accelerator programs have helped over 7,500 entrepreneurs raise over $1.85BN in funding. Based in Silicon Valley and with chapters across 100 countries, our mission is to empower communities of talented and motivated people to build impactful technology companies worldwide.
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