Malaysian online used car marketplace Carsome has appointed Chet Sin as its latest Chief Technology Officer (CTO) to lead the startup's new product development and lead the\u00a0engineering, product and infrastructure team to drive expansion across Southeast Asia.\nChet brings approximately 10 years of system development and product execution expertise to the startup.\nPrior to joining the Carsome, Chet held the role of Head of IT and Digital Commerce at\u00a0pan-Asian life insurer FWD Insurance. During his tenure there he was\u00a0responsible for overseeing the company's digital commerce platform (iFWD) technology operations to meet the business' transformation needs.\nOther former posts include\u00a0Head of Commercial Systems at AirAsia BIG, where he spearheaded the system development for the successful integration of online travel retailing into the loyalty business,\u00a0and VP of Engineering at Singaporean online food ordering platform Oddle.\nChet's focus at Carsome will be to innovate and push boundaries in the development of artificial intelligence, machine learning and data infrastructure to provide best-in-class digital experience, as the startup seeks to expand into a one-stop solution for all automotive needs.\n\u201cCarsome has established itself as one of the leading regional players in the automotive industry in a short span of four years since our inception in 2015. Chet\u2019s extensive experience in driving transformative innovations across different industries will be an invaluable asset to us as we expand our offerings to be a one-stop solution for all automotive needs, in our pursuit to drive Southeast Asia\u2019s automotive industry forward,\u201d said in a statement Eric Cheng, Co-Founder and CEO at Carsome.\n\u201cWe are just beginning to tap the power of technology in bringing convenience and transparency to the used car supply chain and I\u2019m confident that Chet will lead the charge in realising our vision.\u201d\nFrom a\u00a0car price comparison website to the\u00a0fastest growing online used car platform in Southeast Asia\nSince its establishment in Malaysia in 2015, Carsome has since expanded to Indonesia, Thailand and Singapore and has one of the largest dealers network in Southeast Asia, with more than 6,000 registered dealers on its platform.\nUnlike iCar Asia, Carro, and other online car dealers in the region, Carsome\u00a0only sells through professional car dealers that it pre-screens rather than facilitating consumer-to-consumer trades.\nThrough its online bidding portal, customers are able to sell their second-hand vehicles directly to dealers nationwide. Carsome facilitates the entire car selling process, from inspection, to valuation, bidding and payment as well as logistics needs, allowing the customers to sell their cars as fast as one day with zero charges and minimal effort.\nThe company also handles the administration paperwork for both sides of the transaction.\nIn March 2018, Carsome\u00a0raised US$19 million in Series B round\u00a0led by Burda Principal Investments,\u00a0the VC arm of the German media firm that formally entered Southeast Asia last year, alongside existing backers Gobi Partners,\u00a0InnoVen Capital and Lumia Capital.\u00a0\nMore recently, the startup was reported to be\u00a0in talks to raise US$40 million in a Series C funding round by the end of this year, according to the Nikkei Asian Review.\n\u201cI\u2019m impressed by the vision of Carsome in transforming the automotive industry through technology. It\u2019s an amazing opportunity to be part of Carsome\u2019s expansion and my goal is to leverage my experience in the design and implementation of digital transformation plan to help actualise Carsome\u2019s vision and provide the best-in-class digital experience,\u201d said Chet.