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List of Carousell's Acquisitions

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Carousell has made a total of 7 acquisitions. Its activities span 6 sectors, including Horizontal E-Commerce, Auto E-Commerce & Content, and Fashion Tech. Operations cover 4 countries, including Singapore, Malaysia, and Indonesia. Peak activity occurred in 2016 with 2 acquisitions, followed by 2024 and 2022 with 1 acquisition each. The average number of acquisitions per year from 2020–2025 is 0.6, with 0 acquisitions completed in the current year. In April 2024, the firm acquired LuxLexicon, a handbag retailer founded in 2016 and based in Singapore.

Here's the year on year acquisition history of Carousell:

Year on year acquisition history of Carousell20242022202120192017Acquisitions Round Date (Yearly)012
  • Number of Total Acquisitions
Year
# Acquisitions
2024
1
2022
1
2021
1
2019
1
2017
1
2016
2

Recent acquisitions by Carousell

Carousell's most recent acquisition - LuxLexicon is a Retailer of handbags, founded in 2016 and located in Singapore. Carousell acquired it in April 2024 for a price of $*****.

Here is the list of all acquisitions by Carousell sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Apr 02, 2024
athp
akty
36
730
Jul 26, 2022
ptly
mkma
57
156
Oct 18, 2021
tfda
uwdl
72
813
Apr 12, 2019
foic
dwtv
55
609
Jan 05, 2017
erj{
yfin
85
113

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FAQs about Acquisitions by Carousell

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