Carousell Group Raises Us 100 Million From Stic Investments To Accelerate Classifieds 4 0 In Greater Southeast Asia


Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its front-runner position across Goods, Autos and Property verticals, and accelerate its transactional push into re-commerce



Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine the classifieds experience with a focus on convenience and trust, to make secondhand the first choice.

This round of funding, led by STIC Investments, a leading Korean private equity that invests across Asia, marks a significant milestone that will bring Carousell’s valuation to US$1.1 billion. The investment will power the group’s ambitions to redefine commerce for secondhand goods and automobiles in an increasingly digitally savvy, affluent and sustainability-conscious region.

Quek Siu Rui, Co-Founder, Carousell“The pandemic has shown us that our mission to inspire the world to start selling and buying secondhand is more relevant than ever. People in the community are using our platforms to make more possible for each other—through shared passions, making ends meet, affording what they need, or simply because it is more sustainable. We believe that the accelerated adoption of digital experiences is an opportunity for us to double down on our recommerce efforts with a focus on convenience and trust, to unlock step-change growth in our community,” said Quek Siu Rui, Co-founder and CEO of Carousell. “STIC’s investment is a validation of our mission and strategic direction. We’ll deepen our investments in recommerce across more categories and markets, and will continue to seek opportunistic acquisitions in scaling up.”

“We have been monitoring Carousell as one of the leading platforms in Greater Southeast Asia, and are excited to partner up with a significant stake in its growth story,” said Jason Cho, Managing Director of STIC Investments. "Carousell continues to achieve tremendous user growth as they transform the recommerce market, adding new features that are focused on creating trusted marketplaces and enhancing overall user experience. We are highly confident that Carousell will be at the center of the secondhand economy in this region at a time when an increasing number of socio-economic and environmentally conscious consumers are shifting towards a circular economy." As part of the funding round, Mr. Cho will join the Carousell Board of Directors.

Carousell’s co-founders from left to right, Siu Rui Quek, Marcus Tan and Lucas Ngoo
Since its founding in 2012, the Group serves a community of tens of millions of users across eight markets in Greater Southeast Asia under the brands Carousell, Mudah.my, Cho Tot and OneKyat. Carousell’s pioneering mobile-first approach reignited the classifieds space, making selling and buying easier and proving to be an essential one-stop shop across all categories.

“We have grown way beyond categories like fashion, electronics and general goods,” said Siu Rui. “As the region becomes more affluent, people want to enjoy the finer things in life. We are looking at authentication capabilities for higher-value products, including luxury goods and cars. Our goal is to make transacting in a secondhand marketplace as convenient and trusted as any e-commerce platform so that secondhand can truly be the first choice.“

This year alone, Carousell has piloted a Certified Mobiles programme in Singapore, offering a 12-month warranty for used mobile phones to offer users a like-new experience at secondhand prices, and launched integrated shipping with PosLaju (the Malaysia national postal service) to provide contactless transaction options for sellers and buyers during the Movement Control Order. Carousell Auto Group, which was formed earlier this year to leverage its regional leadership position in car classifieds, has in a short period rolled out a Certified Autos programme in Malaysia that achieved the largest inventory of certified cars in the country, with other key markets to follow.

“We are grateful and privileged to have investors, teammates and users who believe in our mission and our journey in building a meaningful and enduring company,” Siu Rui added.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.zulyusmar.com/2021/09/carousell-group-raises-us100-million.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ZulyusmarcomMalaysianLifestyleFoodBeveragesTravelTechnologyAndNew

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Police Record Statement From Female Leader Of Deviant Group

Police Record Statement From Female Leader Of Deviant Group

papar berkaitan - pada 3/9/2021 - jumlah : 246 hits
The Perjalanan Mimpi Terakhir or PMYT group is believed to have 3 000 members KUALA LUMPUR Police have recorded a statement from a woman known as Sittah Annur believed to be associated with the spread of deviant religious teachings by a gro...
58 Of People Are Motivated To Buy From Instagram Stories

58 Of People Are Motivated To Buy From Instagram Stories

papar berkaitan - pada 14/9/2021 - jumlah : 240 hits
div emailPreHeader display none important Start converting those eyeballs to dollars To view this email as a web page click here PRE HEADER TEXT PRE HEADER TEXT OUTER if endif BACKGROUND BACKGROUND INNER TABLE
Deafening Silence From Umno On Some Of Ismail S Decisions

Deafening Silence From Umno On Some Of Ismail S Decisions

papar berkaitan - pada 12/9/2021 - jumlah : 185 hits
Malaysian democracy has been in a loop phase over the last two years with political leaders posturing and trying to look good in the short term rather than doing the groundwork needed for long term success The great fear of losing political...
Off The Grid A Pair Of Super Cub Scramblers From Korea

Off The Grid A Pair Of Super Cub Scramblers From Korea

papar berkaitan - pada 14/9/2021 - jumlah : 418 hits
As Robert Burns once quipped the best laid plans of mice and men often go awry and this statement has become exponentially more true of late The COVID 19 pandemic has not only impacted businesses but also thrown a wrench in the social lives...
October Yuzu Nourishing Essentials Care Package From Kokoro Care Packages

October Yuzu Nourishing Essentials Care Package From Kokoro Care Packages

papar berkaitan - pada 14/9/2021 - jumlah : 217 hits
Win a box of October Nourishing Essentials Care Package filled with yuzu flavored goodies from Kokoro Care Packages READ
Malaysian Gdp To Benefit From Gender Responsive Budgeting Say 20 Csos

Malaysian Gdp To Benefit From Gender Responsive Budgeting Say 20 Csos

papar berkaitan - pada 14/9/2021 - jumlah : 230 hits
Women s Aid Organisation executive director Sumitra Visvanathan today said pivoting towards gender equality in the economy could boost the country s GDP We hope that more allocations will come through to benefit every single Malaysian perso...
Everything S Under Control Says Igp After Terror Warning From Japan

Everything S Under Control Says Igp After Terror Warning From Japan

papar berkaitan - pada 14/9/2021 - jumlah : 255 hits
IGP Acryl Sani Abdullah Sani said the public should avoid speculation about a Japanese advisory notice PETALING JAYA The country s top cop says the security situation is under control and the police have neither detected nor received inform...
Tiny Tank A Yard Built Yamaha Xsr155 From Deus Bali

Tiny Tank A Yard Built Yamaha Xsr155 From Deus Bali

papar berkaitan - pada 11/9/2021 - jumlah : 231 hits
For nine years now Yamaha s program has set the benchmark for manufacturer sponsored custom projects We ve covered it right from the beginning since the reveal of the Wrenchmonkees There must be some 50 or more builds since but it wasn t un...
Act Swiftly On Data From Health Ministry S Website Says Guan Eng

Act Swiftly On Data From Health Ministry S Website Says Guan Eng

papar berkaitan - pada 10/9/2021 - jumlah : 260 hits
DAP secretary general Lim Guan Eng said there was a wealth of information in the new website that should be analysed for targeted action PETALING JAYA Covid 19 data produced by the health ministry s new website should be followed up immedia...
Flexibility In Business Operations

Umno Youth To Protest Extra Hours For Civil Servants Working Shifts

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Biodata Hael Husaini 2 Kali Juara Ajl Dan Perjalanan Dalam Industri Seni

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Pas Langkaui Retorik Dap Isytihar Pas Muuh Utama

Murid Buktikan Pada Guru Lembu Makan Martabak

Abang Adik Wins Best Film Award In Los Angeles


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Football Online Sports Gambling 1xbet 1xbet Globa

Mesyuarat Mpsm Kulai Bil 3 2024

7 Keistimewaan Hari Arafah Hari Yang Dinantikan Jutaan Umat Islam

Generasi Milenial Dan Gen Z Dukung Nkri Nomor Urut 2 Simbol Harapan Baru Kalimantan Barat

Kempen Hartanah Bumiputera Matrix Miliki Rumah Selesa Cipta Kenangan Indah Bersama Keluarga

Bukan Semua Cendawan Boleh Makan Ada Yang Beracun