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Carousell fined SG$58,000 due to data leaks affecting over 2.6 million

Online marketplace Carousell has been fined SG$58,000 for failing to put in place reasonable security arrangements to protect the personal data of its platform users in its possession or under its control.

Worldview: Why Douyin's CEO Is Stepping Down

Worldview: Why Douyin's CEO Is Stepping Down
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

Carousell co-founder Lucas Ngoo to step down this month

Lucas Ngoo, co-founder of Singapore-based online marketplace Carousell, says he will step down from managing the company’s operations.

Editor's take: The week that was—Feb 12-17

This week, we reported on the (not too cheery) value and volume of startup fundraising in January in Greater China and Southeast Asia.

Carousell co-founder Lucas Ngoo steps down

Co-founder Lucas Ngoo is stepping down from day-to-day management after over 11 years at the company. This would come into effect on 29 February 2024.

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