In today’s briefing:
- Carsome: A Paradigm of Circular Economy and Unsung Hero in the Decarbonisation of Transportation
Carsome: A Paradigm of Circular Economy and Unsung Hero in the Decarbonisation of Transportation
- Carsome (CARSOME1 SP), Malaysia’s used-car eCommerce/technology unicorn, has reportedly submitted a confidential IPO filing for a dual listing on Nasdaq and Singapore Exchange.
- Carsome has a great ESG story to tell, but needs to be less humble about telling it because pre-IPO ESG messaging can impact IPO valuations, especially for transportation-related deals.
- The centerpiece of Carsome’s ESG story should be the important (but underappreciated) role of used car markets in decarbonising road transportation, a leading source of carbon emissions.
Before it’s here, it’s on Smartkarma
