News / 6 January 2017

Carousell acquires rival Duriana to fend off Shopee

When Carousell’s founders thought about building the app, they just wanted an easy way for people to buy and sell their stuff on the internet. Today Carousell has come a long way.

It has just solidified its position as a leading peer-to-peer mobile marketplace – along with Shopee – in Southeast Asia by acquiring Duriana, a rival based in Malaysia. The value of the deal was not disclosed.

 

By Judith Balea

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