What is Carousell?

Carousell is a mobile classifieds app that makes selling as easy as taking a photo, buying as simple as chatting. Launched in August 2012, Carousell began in Singapore and has spread to August 2012 around the world. We are one of the world’s largest and fastest growing marketplaces. Carousell has been ranked as the top Lifestyle and Shopping app in Singapore, Taiwan, and Hong Kong, and is backed by leading international Venture Capitalists Sequoia India, Rakuten Ventures, 500 Startups, Golden Gate Ventures, and QuestVC. (source)

Carousell Revenue Totals

Carousell 2018 Revenue:

$7 million

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Carousell 2017 Revenue:

$1.73 million

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Additional Carousell Statistics

Number of listings that have been created on Carousell to date:

110 million products

Last updated 8/12/18

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Number of items sold on Carousell:

158 million

Last updated June 2018

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Average number of items listed per minute on Carousell:

50+

Last updated 11/3/15

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Number of Carousell Employees:

140 employees

Last updated 5/15/17

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Number of cities Carousell is available in:

19 major cities

Last updated 1/18/18

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Number of countries Carousell is available in:

7 countries

Last updated 1/18/18

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Number of languages Carousell is available in:

4

Last updated 11/3/15

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Number of pages on Carousell that have been indexed by Google:

5 million

Last updated 6/23/17

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Number of product listings on sg.carousell.com:

over 1 million

Last updated 6/23/17

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Number of product listings on my.carousell.com:

nearly 500,000

Last updated 6/23/17

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Amount Carousell has raised in funding to date:

$126 million

Last updated 5/13/18

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Estimated value of Carousell:

$850 million

Last updated 11/21/19

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Recent Carousell News

• Carousell’s ad arm appoints former Twitter, Mediacorp, Line execs, 03/03/2022
• Carousell launches SMB pandemic relief package for HK merchants, 03/07/2022
• Carousell joins the race for ad dollars, 03/17/2022
• Can Carousell crack Google-Facebook duopoly with big ad bet?, 03/17/2022
• Behind Carousell’s bid for the $61b used-car space in SEA, 04/07/2022
• Carousell in talks for $1.5b SPAC deal for US listing, 01/07/2022
• Carousell takes on Google, FB with launch of ad platform, 01/17/2022

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Please note that some of these numbers are easier to find than others. A few of these Carousell stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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