CLASSIFIEDS giant OLX Group has taken an approximate 10 per cent stake in Carousell in a deal worth US$56 million, the Singapore-based online marketplace said in a press release on Wednesday.
The deal will value Carousell at more than US$550 million and also make it the largest mobile classifieds marketplace in Southeast Asia, the start-up said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China game-streaming firm Huya launches US$343 million follow-on offeringChinese game-streaming company Huya Inc, backed by Tencent Holdings Ltd, has launched a follow-on share offering of about US$343 million to raise ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Uber seeks US$10b IPO, scales back value target: report[NEW YORK] Uber is seeking to raise some US$10 billion in what would be the largest stock offering of the year, with details coming this week, the Wall Street Journal reported on Wednesday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »