At that time, co-founder and Chief Executive Quek Siu Rui admitted to being “too optimistic” about Carousell’s outlook, noting that hiring and expenses had outstripped its returns.

SINGAPORE — The police on Friday (Dec 2) warned that they have seen an increase in a type of phishing scam involving fake buyers on Carousell, with reported losses from purported victims ...

SINGAPORE – To tackle the recent rise in phishing scams in Singapore, Carousell will soon require all users who opt for mailing and delivery to transact solely within its platform. This means ...