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BusinessLuxury

Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

By Anil Prabha
20
With its recent acquisition of Singapore-based luxury resale business LuxLexicon, Carousell Group co-founder Marcus Tan said the company aims to create “the largest managed marketplace for authenticated second hand luxury bags where users can buy and sell with trust and convenience”. Speaking to Inside Retail, Tan said the acquisition reflects Carousell Group’s recent focus on the luxury sector and its broader efforts to improve the experience of buying and selling pre-owned luxury items.&

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