Carousell

A tale of giant corporations, ad tech and the search for investments
“The biggest threat facing established retail players right now may not be big startups that are directly competing against them but rather those that provide complementary services that are slowly chipping away at their independence,” said Rakuten Ventures managing partner Saemin Ahn.
Mavcap, Khailee Ng, expect more good things from US$50mil 500 Durians II fund
Mavcap & 500 Startups expect more follow-on funding from the US$50 mil 500 Durians II fund
WatchOverMe’s team hired into Carousell
After five years of plugging away with its personal security app, WatchOverMe is shutting down with the team hired into Carousell at Singapore, writes Karamjit Singh
SEA’s e-commerce market to surpass US$25bil by 2020
South-East Asia is poised to become one of the world’s fastest-growing regions for e-commerce revenues, exceeding US$25 billion by 2020 despite several acquisitions, market exits, and many online retailers struggling to achieve profitability.
Week in Review: Go-Jek’s US$550mil funding sparks intriguing scenarios
It has been another strong week for the tech ecosystem in SEA, writes Karamjit Singh.
C2C marketplace Carousell raises US$35mil in Series B
Carousell said it has secured US$35 million funding in a Series B round led by Rakuten Ventures, with Sequoia Capital, Golden Gate Ventures and 500 Startups participating.
Golden Gate Ventures secures US$60mil for Fund II
Singapore-headquartered Golden Gate Ventures has secured US$60 million for its second early stage venture fund; with founding partner Vinnie Lauria arguing that Vietnam is the most under-rated economy in SEA.
As market heats up, Shopee launches its own university … kind of
C2C marketplace operator Shopee believes it has what it takes to fend off rivals, and announced a slew of initiatives – including one it is calling the ‘Shopee University.’
Week in Review: Of GMV and e-commerce startups
DNA looks at some of Garena’s numbers and breaks the news of the new MaGIC CEO, to be announced next week, writes Karamjit Singh.
DNA on BFM: MaGIC’s incoming CEO revealed
On this week's Tech Talk show on BFM Radio, with DNA founder and CEO Karamjit Singh.
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