Carousell
Founded in August 2012, Carousell is the leading classifieds and recommerce group in Greater Southeast Asia on a mission to inspire the world to start selling, and to make secondhand the first choice.
See below for the Latest Carousell News, Analysis, Profit Results, Share Price Information, and Commentary.
Secondhand furniture gains traction as Singaporeans embrace circular economy practices
Secondhand furniture gains traction as Singaporeans embrace circular economy practices
Singaporeans saved 21,970 tonnes of carbon emissions by purchasing secondhand furniture.
Filipinos embrace secondhand fashion for savings, sustainability
The shift to secondhand clothing has reduced carbon emissions by 2,544 tonnes.
Carousell’s REFASH launches in Hong Kong
This marks the brand’s expansion beyond its over 20 stores in Singapore and Malaysia.
Fashion re-commerce to grow 16x faster than traditional retail
Brands see resale as an opportunity to have an environmental impact.
Carousell cuts 10% of total headcount
A total of 110 roles were laid off.
Here’s how Ox Street makes secondhand items more attractive than new
The company has an authentication process to ensure fake items do not make it to the listing.
Carousell buys Indonesian electronics recommerce platform
They aim to extend the life cycle of electronic goods by making selling easier.
What SEA, HK consumers plan to buy in the near future
Clothing or apparel and electronics were amongst the top items they want to purchase.
Carousell to acquire Singapore’s Refash
The acquisition will simplify the selling process for time-starved users.
Carousell HK, GOGOX, Atome to create ecosystem to support small businesses
This will help address the pain points of small businesses in logistics and cash management.
Why are Hongkongers choosing to buy second-hand items
Carousell said 85% of its HK users have made secondhand purchases in the past.
Carousell acquires sneakers-streetwear marketplace Ox Street
This move is in line with its goal to accelerate recommerce growth in SEA.
Weekly News Wrap: Shanghai boosts duty-free economy; Fast Retailing takes hit from Vietnam lockdown
And online classifieds business Carousell raises $100m in fresh funds.
Retail leaders weigh in on riding the e-commerce wave
Over 100 participants attended Retail Asia’s E-commerce Digital Conference.
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