Carousell Media Group has launched Connect, a first-of-its-kind recommerce programmatic buying platform, to provide advertisers a viable alternative to the closed environments like Google and Facebook. Through the use of best-in-class DSP ad-technology, and powered by the buying, selling and search data signals generated across our Group's brands, advertisers have access to full-funnel marketing solutions on every ad format available across the open Internet, on and off our marketplaces.
If the New Year has got you rethinking about your career goals and aspirations, Thien Pham's story might encourage you to take the leap and try something new that you have always wanted to do. He first joined Chợ Tốt as a Business Analyst role given his background in Finance, but he worked his way into being part of the founding data team. Note: If the article is region locked for you, you can also read his story here: https://techiestory.net/post/37-thien-pham
To celebrate and recognise teammates for their perseverance through the pandemic in 2021, we announced a Carousell Group-wide office closure from Dec 27 to Dec 31. We hope that this will allow our teammates to rest, recharge and reconnect with loved ones. In addition, some of the teams have also structured work and coordinated leave taking in December. For example, the Tech team will have all initiatives, projects, deliverables or sprint plans consider the office to be closed for the week of Dec 20- 24th as well. To round up the year-end, our People Team is organising a series of activities with the theme “CarouKids’ Playground” to bring us back to a place where we can embrace the kid in us and have unhindered fun. Goodie bags filled with treats from our childhood, curated specially for each of our nine office locations, have been sent in batches to our CarouTeam. Here are sneak peeks of treats from Singapore, Hong Kong and Taiwan. Huge kudos to our team! Have a relaxing and reenergising year-end break!
The growth of ecommerce has accelerated with the pandemic, however the growth of ecommerce comes with the problem of waste and overconsumption. Carousell’s vision is to inspire others to make secondhand as their first choice, and we have been driving efforts to accelerate the growth of recommerce. We launched the Carousell Recommerce Index (2021 report) that looks at the trend and role of recommerce, as well as consumer behaviour towards secondhand across our eight markets—Hong Kong, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Taiwan and Vietnam—in four Carousell Group brands, namely Carousell, Chợ Tốt, Mudahmy Sdn Bhd and OneKyat - Myanmar Buy & Sell.
Our Taiwan Development Centre had a special hybrid Halloween Special Event where they were split into teams to compete in a game of charades. Bonus points were given for teams who had the scariest costume or make up, and we discovered many talented actors. Visit our Linkedin page for more photos: https://www.linkedin.com/feed/update/urn:li:activity:6862325064709357568
As a classifieds marketplace, search and browse are essential features for users as they buy and sell items. Our Android team was looking for a way to make programming more effectively and efficiently for the Browse page feature. In our latest tech blog article, Senior Software Engineer Tim Lin shares the problems we faced, the thought process on how we tackled them, and the tools and libraries that played a big part in our solution.
#AGlimpseIntoCarousellGroup Senior Business Analyst Han Ming Teh was attracted by the opportunity to create more value within the company in the longer term and joined Mudah.my's Business Intelligence team. His finance background in audit and financial modelling was a natural complement to his current role that involves forecasting and budgeting, including presenting insights and recommendations for the business growth. The Business Intelligence team comprises Data Analytics and Revenue Analytics teams, and both support various stakeholders to make business decisions by translating data into insights. The team also works closely with other brands in the Carousell Group for cross learning sharing sessions. He shares more about what the team does in the blog post. #JoinCarousell Be a part of our growing team and find your ideal role across our Carousell Group brands here: careers.carousell.com
We are excited to share that we have welcomed Ox Street, one of the fastest growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, into our Carousell Group of brands. Ox Street will continue to operate as its own brand, retaining its name, platform, and team. Carousell’s advanced and intuitive technology, extensive reach, and marketplace liquidity across a wide range of categories, combined with Ox Street’s authentication capabilities will further propel the mutual goal of creating an experience where transacting secondhand is as convenient and trusted as buying first hand.
We are happy to announce that we have secured a US$100 million investment from STIC Investments, a leading Korean private equity firm. This will raise Carousell Group’s valuation to US$1.1 billion, following last year’s investment by Naver and 2019’s acquisitions of OLX Philippines and 701Search. STIC’s investment is a validation of our mission and strategic direction. The investment will power our Group's ambitions to redefine commerce for secondhand goods and automobiles in an increasingly digitally savvy, affluent and sustainability-conscious region. Over the years, we have heard many inspiring stories from our users across the region how they have made more possible for each other, such as supporting their community, starting new businesses, and making new like-minded friends (and for some, meeting their spouses). We will continue to focus on our mission to inspire more to start selling and buying, and to reimagine the classifieds experience with a focus on convenience and trust, making secondhand the first choice. Huge kudos to our teammates across the group from Carousell
As start-ups scale and their user bases grow, the priorities and tech behind building trust evolves. Lavone Toh from our Marketplace Experience Team shares Carousell's journey and key takeaways in cultivating trust in this Singapore Global Network webinar. (Starts at 16min) Boxian Tan, Co-founder & Chief Product Officer, Ninja Van and Tee-Ming C. Co-founder, Seedly share their respective journeys and address queries on the tech and processes to combat fraud.
