Former Carousell, Airbnb, Fave execs launch e-commerce aggregator Rainforest with US$36 mil seed round - THE EDGE SINGAPORE

Company in the news

Former Carousell, Airbnb, Fave execs launch e-commerce aggregator Rainforest with US$36 mil seed round

Operational since January, Rainforest has acquired three brands to date in the home and personal care categories.

Startups, Entrepreneurs, Digital economy

Carousell reaches US$900 million in valuation following Naver funding

Mirae Asset-Naver Asia Growth Fund and NH Investment & Securities are the other investors in the US$80 million deal.


Carousell Unclassified

Why throw your unwanted things away, when you can Carousell it?

Company in the news

Sea rolls with Garena’s gaming business but e-commerce unit Shopee remains in the red

(Sept 16): When Shopee was launched four years ago, the event was held at a second-floor café with about 30 people attending. On Sept 3, the e-commerce subsidiary of New York-listed, Singa pore-based Sea officially opened for business in its own brand-ne

Startups, Entrepreneurs, Digital economy

Carousell expands executive team to strengthen South-east Asia operations

SINGAPORE (Dec 3): Carousell, the Singapore-based classifieds marketplace, announced that it has appointed Su Lin Tan (image) as vice president of operations, while Colin Bryar has taken on an advisory role.


Speedy car loan approval with UOB's digital financing solution

SINGAPORE (July 30): United Overseas Bank (UOB) on Monday launched a fully-digital car financing solution at the showrooms of seven dealerships in Singapore as well as via Carousell, the mobile and online classifieds marketplace with over 10,000 new and p

Startups, Entrepreneurs, Digital economy

Why a 26-year-old turned down US$100 mil offer for his startup

(June 5): A few years ago, Quek Siu Rui huddled with the board of his Singapore startup to consider whether to sell. Quek was only 26 and the US$100 million ($134 million) offer would have made him wealthy beyond his dreams. But he said no: He wanted to k

Startups, Entrepreneurs, Digital economy

Singapore's Golden Gate is said raising US$100 mil VC fund

SINGAPORE (Mar 12): Singapore’s Golden Gate Ventures is raising a US$100 million ($131.5 million) third fund to continue investing in Southeast Asia’s burgeoning market for e-commerce, payments and mobile apps, according to a person familiar with the

Razer, Carousell among top tech companies to work for in Singapore

SINGAPORE (July 12): Gaming devices maker Razer and e-marketplace platform Carousell are among the best tech companies to work for in Singapore, according to the  Singapore Computer Society (SCS).

Carousell makes further acquisitions, aims to generate revenue by 1H2017

Carousell, the home-grown Craigs listlike marketplace that is yet to begin generating revenue, expanded its platform to the Philippines, Hong Kong and Australia last year. Now, it is widening its footprint with the acquisition of a rival online marketplac