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Carousell Group integrates Laku6 team, AI-first diagnostics technology to drive mobile recommerce expansion across Greater Southeast Asia

SINGAPORE - Media OutReach - 2 February 2023 - Harnessing the scale of two million listings listed in the electronics category every quarter, leading multi-category platform for.

Tech Layoffs in Southeast Asia Mount as Unprofitable Startups Seek to Extend Their Runways

Tech layoffs have been increasing in Southeast Asia as growth slows down. Existing investors are also pushing startups to extend their runways.

Singapore-based Carousell Group axes 110 employees, CEO says he will 'take responsibility' for decisions that led to retrenchments

SINGAPORE, Dec 3 Carousell Group has laid off about 110 employees, around half of them based in Singapore. Its chief executive officer Quek Siu Rui said that he will “take.

'I was too optimistic': Carousell chief executive announces job cuts

SINGAPORE – Homegrown online marketplace Carousell cut 110 jobs on Thursday, or 10 per cent of the firm's total headcount, as part of efforts to rein in costs amid dimmed growth prospects. Only some business units would be affected, said chief executive Quek Siu Rui on Thursday in an e-mail sent to all employees and uploaded on the group's media.

Carousell cuts 110 jobs to rein in costs as growth slows

SINGAPORE (The Straits Times/Asia News Network): Homegrown online marketplace Carousell cut 110 jobs on Thursday, or 10 per cent of the firm’s total headcount, as part of efforts to rein in costs amid dimmed growth prospects.

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