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Carousell appoints 72andSunny Singapore as it plots next phase of growth

on Apr 22, 2019 | 0 comments

By Jennifer Faull

Online marketplace Carousell has appointed 72andSunny Singapore to its creative accounts following a competitive pitch.

The seven year-old start-up competes with the likes of Gumtree and Shopee and is valued at over US$550m following a recent $56m fundraising deal with Napster’s OLX Group.

Part of that deal saw it acquire operations in the Philippines, which is now its seventh largest market alongside Singapore, Hong Kong, Taiwan, Indonesia, Malaysia and Australia.

At the time of the deal its founder said its focus was bringing Hong Kong and Singapore towards “immense profitability” in the next three years as it mapped out its growth Read full story ›

Source: The Drum