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Carousell Reportedly Cuts 110 Jobs, Affected Employees To Receive At Least 3 Months' Salary

Carousell has cut 110 jobs in an effort to rein in costs. Affected employees will receive at least 3 months' salary.

Singapore unicorn Carousell slashes staff count by 10% as it braces for downturn

Carousell was "too optimistic" about the pace of its growth and increase in investments, admits CEO.

Ngee Ann Poly alumni commit $500,000 in new angel investment network to support student entrepreneurs

Singapore News - Ngee Ann Polytechnic (NP) students who are keen on growing their businesses can now get funding from alumni who are accomplished entrepreneurs. The alumni-led NP Angel Network was launched on Wednesday as the polytechnic marks 20 years of efforts to nurture its students’... Read more at www.tnp.sg

Lifelong bonds: 9 share their NS memories to mark 55 years of national service

MPs, civil servants, actors and more share their experiences as Singapore celebrates 55 years of national service. Read more at straitstimes.com.

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.

Carousell acquires Indonesian used-phone platform Laku6 in $25m deal

Carousell was supported by its investor, the Temasek-backed Heliconia Capital, in the transaction

Carousell buys Refash, S'pore-based secondhand fashion retailer

Can Marie Kondo your closet.

Online marketplace Carousell to acquire thrift fashion platform Refash

Refash will continue to operate as its own brand, retaining its current name, management team as well as physical and online stores. . Read more at straitstimes.com.

Countries where Amazon is not the most-used e-commerce platform

Countries where Amazon is not the most-used e-commerce platform

To track the e-commerce trend,