KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 20 August 2026 - Mudah.my today announced that its car inventory is now available on Carousell Malaysia, giving used-car dealers access to a new pool of buyers while giving Malaysians more cars to discover and compare on the platform they already use.
The new integration between Mudah.my Auto and Carousell Malaysia means eligible vehicles on Mudah.my will automatically appear on Carousell, without dealers needing to upload or manage the same cars across two platforms. Up to 35,000 cars are expected to be discoverable on Carousell by the end of September, giving Carousell users access to a significantly wider selection of cars. Together, the Mudah.my and Carousell platforms reach almost 6 million online users.
Alongside the expanded inventory, Mudah.my continues to invest in tools that make car buying easier on its Auto marketplace. AI-powered highlights surface a vehicle's key selling points at a glance, price insights help buyers gauge whether an asking price is fair before they commit, and a redesigned search and listing experience makes it faster to filter, compare and shortlist across a larger pool of vehicles.
"Mudah has long been the platform of choice for Malaysians buying and selling used cars, and as the largest marketplace for cars in Malaysia, we're proud to make that breadth of choice available to Carousell Malaysia's users too. This integration brings together the strengths of two leading platforms in the group, creating greater value for both buyers and dealers while reinforcing our position in the market. It's an important step towards Carousell Group's mission of making second-hand the first choice and brings us closer to making that a reality for more Malaysians."said Jacky Tan Nguyen, CEO of Mudah.my.
While Mudah.my and Carousell Malaysia operate as distinct platforms serving different market segments, both have been part of the same group for the past seven years. This integration puts that shared foundation to work, bringing together complementary audiences to create clearer value for both dealers and car buyers.
The announcement comes as Malaysia's automotive sector maintains its momentum despite more selective consumer behaviour. The Malaysian Automotive Association has revised its 2026 total industry volume forecast upwards to 800,000 units, supported by resilient demand, growth of sport utility vehicles and rising electrified vehicle adoption.
At the same time, the used-car market continues to benefit from buyers who are weighing affordability, financing, total ownership cost and value more carefully before committing to a vehicle.
Across Southeast Asia, digital used-car marketplaces are also becoming more important as buyers look for greater transparency, easier comparison and more structured ways to evaluate pre-owned vehicles. For dealers, this means visibility alone is no longer enough, as cars need to appear where high-intent buyers are already searching, and the path from discovery to enquiry needs to be simpler.
"For dealers, the value here is simple: post once, reach buyers on two platforms. Speed, reach and lead quality are what decide whether a car sells in this market, and this integration gives dealers more opportunities to be discovered by buyers, without the need to double-post or manage their inventory twice, " said Peter Wong, Head of Auto & Property, Mudah.my.
To mark the occasion, Mudah.my is launching Misi MerdeCAR, a consumer campaign running from 24 August to 22 September 2026, exclusively on the Mudah.my app. With over 80,000 vehicles across every budget, Malaysians can browse and favourite cars for a chance to win weekly purchase rebates of up to RM20,000, additional rebates of up to RM10,000 and RM5,000, and RM1,000 petrol vouchers. Buyers can also benefit from a free vehicle inspection worth RM168.
To participate, Malaysians aged 18 and above need to:
- Register or log in to the Mudah.my app;
- Browse and favourite at least one car advertisement;
- Consent to being contacted by the seller; and
- Complete the campaign slogan, "Pilihan Terbanyak, Harga ___".
Each participant is entitled to one valid entry, regardless of the number of cars favourited. Prize entitlement is subject to the completion and verification of an eligible vehicle purchase from a dealer advertisement on Mudah.my. Entries close at 11.59pm on 21 September 2026. Full eligibility, qualifying purchase and prize redemption requirements are subject to the Misi MerdeCAR Terms and Conditions.
Appendix:
1. Mudah Intelligence AI Highlights
Mudah.my Brings Cars to Carousell Malaysia, Giving Dealers a New Way to Reach Millions More Buyers
2. Car Price Insights
Mudah.my Brings Cars to Carousell Malaysia, Giving Dealers a New Way to Reach Millions More Buyers
Hashtag: #Mudah
The issuer is solely responsible for the content of this announcement.
About Mudah.my
Mudah.my is Malaysia's largest online classifieds marketplace, connecting millions of Malaysians who buy and sell vehicles, property, electronics, home items and services every month. Part of the Carousell Group, Mudah.my is built to make secondhand trade simple, safe and accessible for everyday Malaysians and for the local businesses that serve them. For more information, visit www.mudah.my.
About Carousell Malaysia
Carousell is part of Carousell Group. Founded in August 2012 in Singapore, the Group has a leading presence in seven markets under the brands Carousell, Cho Tot, Laku6, LuxLexicon, Mudah.my, OneShift, REFASH, and Revo Financial, serving tens of millions of users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments, 500 Global and Peak XV Partners (formerly known as Sequoia Capital India). Download the app for iOS or Android and visit www.carousell.com.my for more information.
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HONG KONG SAR – Media OutReach Newswire – 20 August 2026 – Tesson Holdings Limited (Stock Code: 01201.HK) recently hosted the "Tesson Smart Energy: Recharged & Ready" 2026 Brand Evolution & Strategic Partnership Signing" at Renaissance Harbour View Hotel Hong Kong. At the event, Tesson Holdings Limited formally announced its strategic upgrade from lithium-ion motive battery manufacturing business toward new energy smart electricity platform-based operation. The company also entered into strategic and industrial partnership agreements with Logistics Planning Research Institute of China Federation of Logistics & Purchasing (CFLP), Zhongke Lianli (中科连理) and Hong Kong Polytechnic University Anlaseo Technology respectively.
The event was attended by core management of Tesson Holdings : Chairman and Executive Director, Mr. Wei Mingren; Executive Director and Chief Executive Officer, Mr. Li Jingquan; Executive Director, Mr. Li Yang; as well as distinguished guests including Ms. Li Jinying (李錦瑩), President of Logistics Planning Research Institute of CFLP; Mr. Yan An (閆安), President of the Digital Lianli Research Institute of the Jiangxi Centre of the Chinese Academy of Sciences (CAS) (中科院江西中心數字連理研究院); Professor Yu Changyuan, Chairman of Anlaseo Technology; and Dr. Cheng Zhi, Chief Executive Officer of Anlaseo Technology.
Strategic Evolution: From "Battery Manufacturing" to "Smart Energy Operation"
Tesson Holdings has long been engaged in the research, manufacturing and sales of lithium-ion motive batteries. In 2025, the Company launched its Hong Kong-based "photovoltaic storage charging and checking" AI-inspected ultra-fast charging and zero-carbon microgrid asset operation business, completing the acquisition of the assets of seven new energy integrated service stations and marking its first step towards strategic recharge.
Mr. Wei Mingren said that the recharge does not represent a departure from the Company's existing industrial foundation, but rather based on the company's past decade of industrial foundation of the system of motive battery manufacturing business, the experience of the operation of charging network in Hong Kong and the capabilties of industrial integration and capital management."Based on our manufacturing foundation, Tesson Holdings is accelerating its transformation into a smart energy platform operator, enabling every unit of electricity to unleash greater value."
Mr. Li Jingquan outlined development pathway of the company:"Battery manufacturing → zero-carbon microgrid and energy storage operations → AI-powered electricity trading and carbon-energy asset management platform."
He noted that Tesson will leverage its "photovoltaic storage charging and checking" microgrid operations as an entry point, collaborate with supply chain partners to develop zero-carbon microgrids and virtual power plants, while strategic upgrade gradually from an energy equipments manufacturer into a smart energy platform operator.
Mr. Li Yang further elaborated on the company's core competitiveness built around "Data, Intelligence and Electricity":"Data" represents the credible data base; "Intelligence" represents the AI-driven capabilities of electricity trading; "Electricity" represents capabilities of electrical assets operation.
The Company will expand its regional market presence actively, aim to secure over 10% of regional market share in multiple cities, and building an operating ecosystem servicing up to 10 billion kWh of electricity consumption.
Industrial Opportunities: Policy Support Driving New Energy Infrastructure Development in Mainland China and Hong Kong
Ms. Li Jinying (李錦瑩) noted that China is simultaneously advancing the upgrading and restructure of two major infrastructure networks — the new power system and modern logistics network.
She highlighted that logistics facilities are evolving beyond traditional transportation hubs into important industrial platforms for energy consumption, green transformation and electrical data collection. The cooperative operation of energy flows, logistics flows and data flows is reshaping the pattern of national infrastructure. Tesson Smart Energy timely deploy related industries
Since 2026, the company has entered into strategic cooperation memorandum of understanding with DST Sustainable Technology (Shenzhen) Co., Ltd. (地上鐵綠色科技（深圳）股份有限公司) (DST) and China Railway First Group Co., Ltd respectively. The first pilot project of China Railway First Group, located at car park of Hoi Wang Road in Tsuen Wan, Hong Kong, and will be developed into a zero-carbon integrated facility combining parking, charging and vehicle inspection functions.
Meanwhile, the joint venture company established with DST plans to build 10 more multi-functional battery swapping stations.
The launch event follows the completion of the Company's financing activity of placing of new shares. With the completion financing activity of placing, strategic launching and industrial partnership signings simultaneously, signaling the new energy strategic of"Tesson Smart Energy"which is driven by "Technology + Industry + Capital" formally set sail.
Strategic Partnerships Covering the Full "Industry–Research–Application" Value Chain
The three strategic partnership signings at the event covering national think tank, research institutions and university spin-offs, surrounding modern power and development of new energy ecosystem, forming a complete layout from strategic planning, technology development and commercial application.
Mr. Wei Mingren said the significance of these signings is not only "plans announcing", but rather is "in progress and amplifying the outcomes through ecological cooperation".
The cooperation between Tesson Holdings and Logistics Planning Research Institute of CFLP is particularly crucial. Both parties will establish a joint venture big data operation company in Beijing to formally advance to transport logistics, important scenario of power consumption.
As a national logistics think tank and the Purchasing Managers' Index (PMI) publishing organization, the Logistics Planning Research Institute of CFLP, both parties will work together to explore the integration path of new and renewable energy power and green logistics, pushing logistics industry to upgrade in the direction of low-carbonization and intelligentization.
Afterwards, Tesson Holdings also signed a strategic cooperation agreement with Zhongke Lianli (中科连理) focusing on development of industrial brain data resource, digitization of logistics hub energy and scenario collaboration of modernized power grid, further improving the capabilities of digitization and intelligentization of new energy industry
Finally, Tesson Holdings entered into a strategic partnership with Hong Kong Polytechnic University Anlaseo Technolgy, which is a startup incubator of Hong Kong Polytechnic University. Anlaseo Technology was also subsidized by the Hong Kong Government's "Research, Academic and Industry Sectors One-plus Scheme (RAISe+)".Its intelligent battery sensor system enabling intelligent lifecycle monitoring of batteries through edge computing and AI algorithm, providing the core technological support in the of field of such as electrical safety awareness and smart management. .
Future Outlook: Anchoring the Strategic Position of Smart Energy Platform Operator
With the upgrade of strategy of "Tesson Smart Energy" and the implementation of significant industrial cooperation partnership signings, Tesson Holdings is in the stage of systematically advancing the deployment of new energy ecosystem.
Looking ahead, Tesson Holdings will continue advancing systematic deployment across energy generation, distribution and consumption sectors with core strategic brand of "Tesson Smart Energy".
Through a dual strategy combining strategic acquisitions and organic development, Tesson Holdings aims to build an integrated new energy ecosystem covering renewable energy generation, energy storage, charging infrastructure, electricity trading and carbon-energy asset management.
Hashtag: #Tesson
The issuer is solely responsible for the content of this announcement.
About Tesson Holdings
Tesson Holdings Limited (Stock Code: 01201.HK) is a company listed on Hong Kong Exchanges and Clearing Limited principally engaged in the research, manufacturing and sale of lithium ion motive battery and investment and operation of new energy electric vehicles ultra-fast charging stations
On 10 August 2026, the company formally launches the newest strategic brand "Tesson Smart Energy" accelerate new business innovation such as the deployment of photovoltaic storage charging and checking zero-carbon microgrid, AI-powered electricity trading, operation of carbon-energy assets, transforming into a premier new energy smart electricity platform operator.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
