Carousell
Singapore’s recommerce platform Carousell reaches EBITDA profitability as revenue hits $141M
Singapore-based Carousell Group, a multi-category classifieds and recommerce platform focusing on Southeast Asia, has achieved positive EBITDA in its fiscal year 2025, with revenue growing 18 percent year-on-year to $141 million, nearly tripling since FY21.
July 7, 2026
E-commerce platform Carousell, Shopee-affiliated courier SPX Express expand delivery network
Carousell Singapore, an e-commerce platform, has expanded its delivery services through a partnership with SPX Express, a courier affiliated with e-commerce platform Shopee, providing additional options for users to send and receive secondhand items.
April 2, 2026
Singapore’s Carousell partners GoGoX to launch Carousell Official Delivery for bulky furniture
Introduced in partnership with GoGoX, a logistics tech company in Asia, this enhancement makes buying and selling larger items easy and convenient, particularly during Singapore’s peak demand for preloved furniture in the lead-up to Chinese New Year and Hari Raya
January 20, 2025
Carousell acquires Singapore’s luxury bag reseller LuxLexicon
Carousell Group, a multi-category platform for secondhand in Greater Southeast Asia, has acquired the business of Singapore’s luxury bag reseller and authenticated luxury consignment platform LuxLexicon.
April 2, 2024
Singapore’s Carousell Co-Founder Lucas Ngoo to step down
Ngoo said he will continue to have full vested interests in the success of Carousell as a co-founder, board director and shareholder, and have full confidence in our business and leadership team.
February 19, 2024
Carousell partners YouBiz to boost digitalization among startups in Singapore
Two leading homegrown start-ups in Singapore, Carousell and YouBiz, have on Wednesday announced a strategic partnership to help local small and medium-sized enterprises (SMEs) and start-ups accelerate their business growth with digitalization tools and resources.
November 1, 2023
Carousell partners Carzuno to launch Carousell Car Subscription in Singapore
Riding on the newly-launched Carousell Certified program for cars, multi-category classifieds and recommerce marketplace Carousell is partnering car-as-a-subscription company Carzuno to launch the Carousell Car Subscription in Singapore, providing further convenience for users.
July 18, 2023
Carousell integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia
Carousell Group, the Singapore-based multi-category platform for secondhand, has integrated the Laku6 team's expertise and proprietary artificial intelligence (AI)-first diagnostic technology with Carousell Group's tens of millions of monthly active users across Greater Southeast Asia to launch new features to make selling and buying secondhand electronics…
February 2, 2023
Singapore’s Carousell Group cuts 10% of total headcount, Co-Founder says ‘deeply sorry’
Quek announced several initiatives and arrangements for the impacted regular employees which include monetary compensation, tools for job search, extended medical benefits and insurance coverage, among others.
December 5, 2022
News,Singapore,eCommerce,SEA,Indonesia
Singapore’s Carousell acquires Indonesian recommerce platform Laku6
Carousell Group, the Singapore-based recommerce group, announced Tuesday that it has acquired control of Laku6, the artificial intelligence (AI)-first end-to-end electronics recommerce platform in Indonesia, to bolster expansion Of electronics recommerce in Greater Southeast Asia.
July 27, 2022












