Carousell eats up another struggling startup to boost its social commerce app in Southeast Asia

Siu Rui Quek, Co-Founder, Carousell Newly minted classifieds startup Carousell is officially on the prowl to eat up struggling startups in Southeast Asia. The Singapore-based company closed a $35 million Series B in August, and this week it acquired Malaysia-based rival Duriana in an undisclosed transaction that represents its third piecemeal M&A deal since that fundraising. Read More

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