7 July 2026, SINGAPORE – Carousell Group, the leading multi-category classifieds and recommerce platform in Greater Southeast Asia, today announced strong FY25 results, achieving positive EBITDA through continued growth in its recommerce business, improved operating leverage and disciplined execution. The Group also outlined its FY26 priorities of scaling recommerce while investing further in AI to enhance marketplace experiences and operational efficiency. 

FY25 Financial and Operational Highlights

• Accelerating revenue growth – Revenue grew 18% year-on-year to $141 million, nearly tripling since FY21.
• Achieving EBITDA profitability – Carousell Group reached positive EBITDA, reflecting improved operating leverage and continued financial discipline.
• Recommerce becomes a core growth engine – Recommerce revenue grew 40% year-on-year and accounted for 45% of total revenue in FY25, making recommerce the  largest contributor to revenue growth.  
• Strong balance sheet supports future investment – Carousell Group ended FY25 with a strong cash position, providing flexibility to invest in future growth opportunities, including AI.

This performance reflects Carousell Group’s multi-year transformation from a classifieds marketplace into a more transaction-led commerce platform. Driven by growing consumer demand for more convenient and trusted secondhand transactions, the Company has expanded beyond traditional classifieds through integrated payments and shipping for seamless end-to-end transactions, Certified for professional inspection of luxury goods and mobile devices, and Sell to Carousell programme, which enables users to sell directly to Carousell and its recommerce partners. The Group has also expanded its recommerce business across both digital and physical channels, creating a more trusted and seamless secondhand commerce experience. 

“Carousell Group today is a fundamentally transformed business from the marketplace we started as. We’ve evolved from a classifieds marketplace into a multicategory recommerce platform, with multiple revenue streams and a growing transaction business. FY25 shows that this transformation is delivering results, making buying and selling easier and more seamless while creating a stronger foundation for long-term profitable growth.

Looking ahead, AI is the next layer in that evolution. We’re investing in it to make buying and selling simpler, smarter and more trusted, to inspire more people to make secondhand the first choice,” said Siu Rui Quek, Co-founder and CEO of Carousell Group. 

By the end of FY25, the Group operated 29 physical stores across four markets in Singapore, Hong Kong, Malaysia, and Indonesia as part of its growing recommerce business, contributing to more than 20% GMV uplift across its Luxury, Mobile Phones and Fashion businesses. 

FY26 Priorities: Scaling Recommerce, Investing in AI, and Profitable Growth

Building on the progress achieved in FY25, Carousell Group’s focus in FY26 will be on reinforcing its market leadership, scaling its recommerce business, sustaining revenue growth and expanding profitability through disciplined execution and operating leverage.

The Group sees significant opportunities for further growth in recommerce by expanding trusted transaction services, deepening its multichannel capabilities, and rolling out proven recommerce models across its regional markets. 

Alongside its recommerce strategy, Carousell Group will continue investing in AI to strengthen marketplace trust, improve user experiences, and accelerate product development. AI is already delivering measurable impact, enabling sellers to create listings in as little as three seconds with List with AI, and helping ensure more than 99% of transactions across its markets are completed without a scam incident. 

“Carousell Group has spent over a decade building what others can’t easily replicate: scale, trust and a decade of buyer-seller behavior data. That data, drawn from billions of marketplace interactions each year, is what we’re now putting to work with AI, to help people buy and sell more efficiently and with more confidence. AI will change how people discover what they want, but someone still has to make every transaction safe. That’s the role we intend to deepen as commerce evolves,” said Shing Tai Leung, Chief Strategy Officer, Carousell Group.

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About Carousell Group 

Carousell Group is the leading multi-category classifieds and recommerce platform in Greater Southeast Asia on a mission to make secondhand the first choice. 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). Visit here for more information.

旋转拍卖集团扩大二手业务规模 迎来 EBITDA 盈利里程碑；2026 财年将重点发展AI 

新加坡，2026 年 7 月 7 日 – 东南亚、台湾及香港领先的综合分类交易及二手电商集团 Carousell Group（旋转拍卖集团）今日公布表现亮眼的 2025 财年业绩。凭借二手交易业务的持续增长、运营杠杆效益的提升以及团队严谨的执行力，集团成功实现正 EBITDA。展望 2026 财年，集团也确立了核心策略重点：在持续扩大二手交易规模的同时，将进一步加大对人工智能（AI）的投入，以全面优化平台交易体验并提升运营效率。 

2025 财年财务及营运亮点

• 收入增长势头强劲 —— 收入同比增长 18% 至 1.41 亿美元，相较 2021 财年大幅增长至近三倍。
• 实现正 EBITDA —— 旋转拍卖集团实现 EBITDA 盈利，充分体现了运营杠杆效应的提升以及集团对财务纪律的严谨把控。
• 二手交易跃升为核心增长引擎 —— 二手交易业务收入同比增长 40%，占 2025 财年总收入的 45%，成为推动整体收入增长的主要动力。
• 资产负债表表现稳健，强力支撑未来投资 —— 截至 2025 财年底，旋转拍卖集团持有充裕的现金储备，为集团在开拓未来增长机遇（包括深耕 AI 技术）上提供了极大的财务灵活性。

上述业务表现印证了旋转拍卖集团历时数年的策略转型成果 —— 集团已由分类买卖平台深化发展为以交易为主导的电商平台。随着消费者对便捷、安全可信的二手交易需求日益增长，集团进一步延伸传统分类买卖业务，全面推行端到端的流畅交易体验。具体举措包括：提供一体化支付及物流功能；推出 “Carousell 认证”（Carousell Certified），为奢侈品及移动设备提供专业的检测；以及推出 “Sell to Carousell” 计划，让用户可直接将物品出售予旋转拍卖（Carousell）及其二手交易合作伙伴。

旋转拍卖联合创办人兼集团首席执行官郭修瑞表示：“与创立之初相比，今天的旋转拍卖集团已实现了根本性的转型。我们已从当初的分类买卖平台，演变成涵盖多品类的二手交易平台，拥有多元化的收入来源，且交易业务正持续壮大。2025 财年的业绩证明这一转型已见成效 —— 在让买卖变得更简单、更流畅的同时，也为长期盈利增长奠定了更稳固的根基。”

他续称：“展望未来，AI 将是我们业务演进的下一阶段。我们正对此积极投入资源，力求让交易体验更简单、更智能、更值得信赖，从而鼓励更多人将二手商品作为购物首选。”

截至 2025 财年底，集团在新加坡、香港、马来西亚和印度尼西亚共运营 29 家实体店，作为拓展二手交易业务的重要一环；这一策略成功推动其奢侈品、手机及服饰业务的商品交易总额（GMV）增长超 20%。

2026 财年重点：拓展二手交易业务、加大 AI 投入、推动盈利增长

延续 2025 财年取得的进展，旋转拍卖集团于 2026 财年将致力于巩固其市场领先地位，并进一步扩大二手交易业务规模；同时，集团将凭借审慎的执行与运营杠杆效益，保持收入增长并全面提升盈利能力。

集团看好二手交易业务的庞大增长空间，将通过扩展值得信赖的交易服务、深化多渠道运营实力，并将经市场验证的二手交易模式推介至旗下各个市场，以实现进一步增长。 

在推进二手交易策略的同时，旋转拍卖集团将持续加大对 AI 的投入，致力于巩固平台信誉、优化用户体验，并加速产品研发进程。目前，AI 的应用已带来显著的实质成果，包括让卖家通过 “AI 刊登” 功能在最快三秒内上架商品，以及确保旗下各市场超过 99% 的交易均在無詐騙情況下完成。

旋转拍卖集团首席策略官梁盛泰表示：“旋转拍卖集团深耕逾十年，打造出其他平台难以轻易复制的优势 —— 那就是庞大的用户规模、深厚的信任以及累计达十年的买卖行为数据。这些数据源自平台每年数以十亿计的交易与互动，正是我们现时结合 AI 技术加以运用的关键，旨在协助用户更高效、更有信心地进行买卖。尽管 AI 将改变人们发掘心仪商品的方式，但为每笔交易的安全把关依然不可或缺。随着商业模式的不断演进，这正是我们希望进一步巩固的角色。”

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有关 Carousell 旋转拍卖集团

Carousell Group（旋转拍卖集团）是东南亚、台湾及香港领先的综合分类交易及二手电商集团。集团的使命是鼓励全球使二手商品成为购物优先选择。该集团于2012年8月在新加坡成立，以 Carousell 旋转拍卖、Cho Tot、Laku6、LuxLexicon、Mudah.my、OneShift、REFASH 和 Revo Financial，品牌在七大市场中处于领先地位, 服务数千万用户。Carousell 获得了主要投资者的支持，包括 Telenor Group、Rakuten Ventures、Naver、STIC Investments、500 Global 和 Peak XV Partners（前称为 Sequoia Capital India）。浏览此处了解更多。