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Category: Press Release

September 15, 2020 Press Release

CAROUSELL CONTINUES GROWTH MOMENTUM WITH NAVER’S US$80 MILLION INVESTMENT

Carousell, one of the world’s largest and fastest growing classifieds, today announced that a consortium led by Naver has made an investment in Carousell, with the total deal amounting to US$80 million. Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities are the other investors in the consortium.

August 26, 2020 Press Release

CAROUSELL RECORDS DECLINE IN FRAUD RATE IN 2020 WITH ONLY 3 IN EVERY 10,000 TRANSACTIONS FRAUDULENT

Online classifieds recognised as the most supportive online marketplace to collaborate with the Singapore Police Force’s Anti-Scam Centre

August 12, 2020 Press Release

CAROUSELL ADDRESSES FEEDBACK FROM USERS BY IMPROVING SELLING AND BUYING EXPERIENCE

Online classifieds cleans up marketplace by introducing a listing quota of 30 active listings

July 30, 2020 Press Release

Carousell Holds First Ever “Car-O-Sale” in the Philippines

Carousell, one of the world’s largest and fastest growing online classifieds, launches its first-ever used car sale in the Philippines titled “Car-o-Sale”. Through this campaign, it aims to help jumpstart businesses of its automotive merchants, many of which are long time listers since its early days as OLX.

July 21, 2020 Press Release

THE MCO EFFECT: THE AVERAGE MALAYSIAN EARNED RM1,396 ON CAROUSELL

User behaviour study reveals that Malaysians have become increasingly resourceful, selling and buying to make the best of the MCO period

July 21, 2020 Press Release

THE AVERAGE HONG KONGER EARNED HK$4,400 ON CAROUSELL

User behaviour study reveals that Hong Kongers have become increasingly resourceful, buying and selling to make 19% more on Carousell during the pandemic

July 21, 2020 Press Release

THE QUARANTINE EFFECT: THE AVERAGE FILIPINO EARNED ₱55,000 ON CAROUSELL

User behaviour study reveals that Filipinos have become increasingly resourceful, selling and buying to make the best of the lockdown period

July 21, 2020 Press Release

THE CIRCUIT BREAKER EFFECT: THE AVERAGE SINGAPOREAN EARNED $2,200 ON CAROUSELL

User behaviour study reveals that Singaporeans have become increasingly resourceful, selling and buying to make the best of the circuit breaker

May 12, 2020 Press Release

CAROUSELL BOLSTERS USER GROWTH WITH APPOINTMENT OF SENIOR VICE PRESIDENT OF GROWTH

New senior appointment, former VP of Commercial & Marketing at Redmart, Penny Cox, to lead growth and marketing strategy to deliver user growth across the region

April 16, 2020 Press Release

CAROUSELL COMMITS TO DONATE SGD 2 MILLION WORTH OF AD INVENTORY TO SUPPORT NON-PROFIT ORGANISATIONS

Initiative will launch in Singapore, Malaysia, Hong Kong and in the Philippines to support any non-profit organisations helping COVID-19 affected

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