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Carousell’s 2023 revenue up by 40%, driven by 2x recommerce sales 👉 Read more: https://lnkd.in/gpkw2P8V Carousell Group boosts recommerce to prioritize sustainable secondhand shopping. 🌱 **Recommerce Rise**: Fueled by sustainability and digital trends, Carousell's 2023 recommerce sales doubled, contributing 46% ($53.3M) to its revenue. 💼 **Cost Management and Growth**: Despite significant revenue jumps, Carousell limited expense growth to 6%, narrowing annual losses by 40%. 🛠️ **Innovative Trust-Building Programs**: Implemented quality assurance and direct-buy processes, enhancing security and convenience for secondhand transactions.

  • Carousell’s 2023 revenue up by 40%, driven by 2x recommerce sales

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