Integrated auto e-commerce platform Carsome has the distinction of being the first Malaysian unicorn, reaching the critical USD$1 billion valuation in July 2021. But as global macroeconomic headwinds dampen the prospects of industry disruptors like Carsome, including scuppering its widely touted IPO last year, can the company stay on course for growth and profitability? Eric Cheng, CEO and co-founder of Carsome discusses how it plans to navigate the challenging track ahead.

Integrated auto e-commerce platform Carsome has the distinction of being the first Malaysian unicorn, reaching the critical USD$1 billion valuation in July 2021. But as global macroeconomic headwinds dampen the prospects of industry disruptors like Carsome, including scuppering its widely touted IPO last year, can the company stay on course for growth and profitability? Eric Cheng, CEO and co-founder of Carsome discusses how it plans to navigate the challenging track ahead.

Sharper and stronger than a double espresso. The Morning Run stretches your mind and braces you for the business day. It's your fast track into work where you can hit the ground running. From 6am to 10am weekdays, the Morning Run brings you the biggest stories and must-listen-to interviews. Stay enlightened, make educated business and investment decisions.

The Breakfast Grille

Featuring the cream-of-the-crop as well as the controversial, the Breakfast Grille is the flagship show of BFM. Expect no-holds-barred interviews to get to the truth and into the minds of business leaders, policymakers and changemakers.

Despite IPO Stall, Carsome On Track To Profit In 2H2023

As Malaysia’s digital infrastructure and enterprise technology spending continue to expand, newly listed ICT players are facing growing pressure to differentiate beyond traditional hardware distribution and project-based revenue. Pentech Holdings is positioning itself around cybersecurity, managed services, and AI-driven solutions as it prepares for its ACE Market debut at an IPO price of 20 sen per share on June 15. But in a sector known for tight margins and intense competition, how sustainable is the shift toward recurring revenue and higher-value digital services, and what should investors be watching as the company enters its next phase of growth?

As Malaysia’s digital infrastructure and enterprise technology spending continue to expand, newly listed ICT players are facing growing pressure to differentiate beyond traditional hardware distribution and project-based revenue. Pentech Holdings is positioning itself around cybersecurity, managed services, and AI-driven solutions as it prepares for its ACE Market debut at an IPO price of 20 sen per share on June 15. But in a sector known for tight margins and intense competition, how sustainable is the shift toward recurring revenue and higher-value digital services, and what should investors be watching as the company enters its next phase of growth?

Can Pentech Move Beyond the Low-Margin ICT Model?

Between 2022 and 2024, Samsonite enjoyed a massive travel boom, but now the market is slowing down and cheap rivals are flooding in.

Ambert Khoo, General Manager of Samsonite Malaysia, joins The Breakfast Grille to explain how they keep Asia more profitable than their other major markets, and how selling 90% of their products directly to customers drives that success.

We also discuss how moving into everyday items like ladies' handbags and backpacks protects the business when people travel less, as well as dive into a new franchise plan designed to help their budget brand, American Tourister, win back customers from cheaper competitors.

Between 2022 and 2024, Samsonite enjoyed a massive travel boom, but now the market is slowing down and cheap rivals are flooding in.Ambert Khoo, General Manager of Samsonite Malaysia, joins The Breakfast Grille to explain how they keep Asia more profitable than their other major markets, and how selling 90% of their products directly to customers drives that success.We also discuss how moving into everyday items like ladies' handbags and backpacks protects the business when people travel less, as well as dive into a new franchise plan designed to help their budget brand, American Tourister, win back customers from cheaper competitors.

Samsonite Malaysia: Premium Luggage Holds Steady

A.I. technology has developed at an exponential rate over the past 5 years, but it comes at the cost of regulatory and cybersecurity frameworks playing catch-up. We speak to US legal practitioner Guillermo Christensen, a partner at the law firm K&L Gates to discuss how governments are responding to the cybersecurity risks that AI poses and how businesses should adapt to the rapidly evolving landscape.

A.I. technology has developed at an exponential rate over the past 5 years, but it comes at the cost of regulatory and cybersecurity frameworks playing catch-up. We speak to US legal practitioner Guillermo Christensen, a partner at the law firm K&amp;L Gates to discuss how governments are responding to the cybersecurity risks that AI poses and how businesses should adapt to the rapidly evolving landscape.

Despite IPO Stall, Carsome On Track To Profit In 2H2023

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