STIC leads $100m round for Carousell at $1.1b valuation
Korea’s STIC Investments has led a $100 million round for Carousell, a Singapore-based mobile classifieds marketplace for secondhand goods, at a valuation of $1.1 billion.
It follows an $80 million investment in September last year led by Korean internet conglomerate Naver that valued the company at $900 million. Carousell attributed the traction to a pandemic-driven rise...
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