Carousell

Startups

Carousell turns ‘Ebitda-positive’ in FY2025 as recommerce powers growth

Revenue for FY2025 grows 18% to US$141 million from US$119.3 million in FY2024

2026-07-07T14:45:42.000Z

Carousell users can now tap SPX Express’ pickup and drop-off services for cheaper, more convenient delivery for their second-hand items – without the usual post-sale coordination.

Singapore

BRANDED CONTENT

Label-free delivery from $1.80, 500+ drop-off points: Second-hand commerce just became more viable

Delivery provider SPX Express’ new tie-up with Carousell is reducing friction for sellers and buyers in the marketplace

2026-05-27T21:50:00.000Z

Enhanced verification measures by Meta and Carousell were assessed during the period, in which both platforms had to verify user identity against government records on selected sellers and advertisers.

Singapore

Meta, Carousell show improvements at combating scams: MHA

Reported e-commerce scams on Carousell down by about 11%; for Meta, Facebook Marketplace scams fell by around 55% over the assessment period

2025-03-10T07:00:00.000Z

Carousell says the layoffs were done to match market reality in some business units, and to reallocate resources to areas that are showing promise.

Startups

Carousell sheds 76 employees in latest round of layoffs

The affected staff represents 7% of the total headcount

2024-12-06T05:51:59.000Z

E-commerce players will be required to verify users who advertise or post about sales of goods and services using government-issued records, among other measures.

Companies & Markets

Facebook, WhatsApp, Carousell among platforms asked to comply with anti-scam rules

These rules, effective Jun 26, are also aimed at combatting malicious cyber activities

2024-06-21T04:00:00.000Z

The inside of thrift store Un.Wastelands near Haji Lane. While second-hand fashion is not new in Singapore, the difference is that many of these new thrift shops are for-profit businesses – the pioneer players tended to be non-profit models.

Opinion & Features

BRUNCH

Thrifting is trending, but there’s more than meets the eye

Rising eco-consciousness and the desire for unique fashion items have fuelled the growth of thrift stores in Singapore. But how sustainable is thrifting, both environmentally and as a business?

2024-05-31T07:00:00.000Z

Startups

Carousell’s Laku6 laid off 17% of workforce in January

Laku6, an Indonesian electronics recommerce firm acquired by Carousell in 2022, laid off around 17 per cent of its workforce in January 2024 for “long-term success and sustainability”, a company spoke...

2024-04-16T07:18:27.000Z