Carousell Group acquires Singapore-based sneaker marketplace Ox Street to accelerate re-commerce growth

Following Carousell Group’s investment from STIC Investments, this acquisition of sneaker marketplace Ox Street underpins the group’s strategic priority to accelerate its re-commerce growth in Greater Southeast Asia.

Singapore online marketplace Carousell becomes Southeast Asia’s latest unicorn after raising $100M

The latest funding round also came after Carousell raised $80 million in an investment round led by South Korean tech giant Naver in September last year.