Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers is in talks to invest in Southeast Asia’s Carousell

6 years ago
Anonymous $roN-uuAfLt

https://techcrunch.com/2018/06/11/naspers-is-in-talks-to-invest-in-southeast-asias-carousell/

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions.

Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That makes it well-aligned with Naspers’ portfolio, which features some of the world’s largest classifieds services including OLX, which covers 45 countries, Letgo in the U.S. and Avito in Russia.

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