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Carsome's Profitability Goals
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Carsome, a Southeast Asian used-car marketplace, aims for profitability by the end of the year and plans to reach full-year profit in 2024. The company's profit engine is its retail business, offering refurbished cars and services. Carsome also plans to expand its auto financing, insurance, and after-sale services in other markets it operates in.
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How does Carsome's expansion into auto financing, insurance, and after-sale services align with its profitability goals?
How does Carsome's retail business contribute to its overall profitability?
What factors might impact Carsome's ability to reach full-year profit in 2024?
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