Post by 500 Global

Building trust is a big challenge — and opportunity — in re-commerce. Carousell Group's latest results show why. The company reported its first positive adjusted EBITDA, with revenue reaching US$141 million, up 18% year over year. We see this as validation of a long-term strategy. Over the past few years, Carousell has evolved beyond connecting buyers and sellers to building the trust layer that makes re-commerce work, with integrated payments, shipping, inspections, and buyer protection. AI has helped accelerate that shift. Today, sellers can create a listing with a photo, description, and suggested price in just three seconds, while AI also helps detect fraud and phishing to make transactions safer. Congratulations to Marcus Tan, Siu Rui Quek, and the entire Carousell team on this milestone! Full story here: https://lnkd.in/gUwsXMP8 Vishal Harnal | Khailee Ng | Chrissy Hu | Arief Johan | Victor Nge | Atika French