{"id":2808,"date":"2021-12-09T06:42:40","date_gmt":"2021-12-09T06:42:40","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=2808"},"modified":"2021-12-09T06:42:41","modified_gmt":"2021-12-09T06:42:41","slug":"daily-markup-393-luxclusif-acquired-by-farfetch-to-boost-fashion-tech-offerings-carousell-launches-two-charitable-initiatives-for-the-festive-season-una-brands-commits-to-investing-us23-6m-in-mal","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=2808","title":{"rendered":"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/y0-qmccQQro0SKeJIF4FwxiW8e3UET5Sh2UEizEcZ9EcDvTeLVEIyEkNutwhWQXXuxvkD-rYNAw2ZsTacS0hxpAfZ2hV16SGyhqPC3O8LTDaxEmeDGhCCckES2FojxTEd76hbP_8\" alt=\"\" \/><figcaption>Credit: Yahoo!<\/figcaption><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bagging a deal<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500-backed retail platform for the resale of luxury goods <a href=\"https:\/\/www.luxclusif.com\/\">Luxclusif<\/a> has been <a href=\"https:\/\/ca.movies.yahoo.com\/farfetch-acquires-luxclusif-expands-pre-120105311.html\">acquired by Farfetch<\/a>, a luxury fashion retail firm. According to the article, this move is part of Farfetch\u2019s goal to expand its footprint in the resale space. It is also eyeing technology leadership in the B2B resale space.<\/li><li>Luxclusif will be parked under Farfetch Platform Solutions, a suite of commerce and retail tech solutions, to handle resale logistics for brand partners.<\/li><li>A Farfetch representative said, \u201cBecause of the relationship we\u2019ve had with Luxclusif over the past few years, we felt it was the right time to join forces and to really try to accelerate some of the services that, combined, we can make available for the industry.\u201d<\/li><li>\u201cMuch of the vision is to use the Luxclusif platform to operate a white-label proposition for brands and retailers. You can imagine the opportunity to replicate what we\u2019re doing for Farfetch, but for brands directly,\u201d he added.<\/li><li>Read the full story on <a href=\"https:\/\/ca.movies.yahoo.com\/farfetch-acquires-luxclusif-expands-pre-120105311.html\">Yahoo!<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/hNtaqt2dagQRK3CJ0k4wGlDrv30Z_b07z6yZx5VYCxfDX411mPj7Ob47vcscd137eE8ok4zTx6Kul0DId7iJR1jepJaK-ym9ShTyyr87RwBnTsgYgwQXIUiUqQ1fURF4HDnaBgXE\" alt=\"\" \/><figcaption>Credit: Carousell<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Festive giving<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500-backed secondhand marketplace Carousell has announced <a href=\"https:\/\/press.carousell.com\/2021\/11\/29\/carousell-partners-with-nvpc-for-sg-cares-giving-week-for-the-third-time-expanding-the-companys-commitment-to-support-communities-in-need\/\">two charitable initiatives spanning the month of December<\/a>: the #Blessings campaign and \u2018Free Ads for Charities\u2019.<\/li><li>The startup partnered with the National Volunteer &amp; Philanthropy Centre (NVPC) for its annual #Blessings campaign. Over 20 charities and non-profit organizations are listed on Carousell where donations can be made in the form of COVID-19 test kits, clothes, food, and even cash.<\/li><li>\u201cWith every 1 in 3 Singaporeans using Carousell monthly, we are the perfect platform to connect charities with users,\u201d said Ng Chee Soon, Managing Director of Carousell Singapore.<\/li><li>Under its Free Ads for Charities initiative, the startup is offering over US$180,000 through an advertising support program to aid charities impacted by COVID-19.<\/li><li>Read the full story <a href=\"https:\/\/press.carousell.com\/2021\/11\/29\/carousell-partners-with-nvpc-for-sg-cares-giving-week-for-the-third-time-expanding-the-companys-commitment-to-support-communities-in-need\/\">here<\/a>.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/mpPjoQ3H6Lqxj54SE6CeQuzRhG7PTiInRK89-K_Ez7eXoNuoP9cjF-LRPXJwTWApApatkSWrSuAC5JdM8-7O-N7zxbp1_Aq_7PkeFsP3WdXn4b4ogC4RI9hOYF6Pv30i3P2xHVYR\" alt=\"\" \/><figcaption>Credit: <a href=\"https:\/\/unsplash.com\/@meric?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\">Meri\u00e7 Da\u011fl\u0131<\/a> on<a href=\"https:\/\/unsplash.com\/s\/photos\/kuala-lumpur?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\"> Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Supporting local<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500-backed e-commerce startup Una Brands has <a href=\"https:\/\/www.techinasia.com\/una-brands-commits-23m-buy-malaysian-ecommerce-brands-2022\">committed to investing US$23.6 million<\/a> in the next year to acquire Malaysian e-commerce brands and grow them into household names.<\/li><li>According to Kiren Tanna, CEO and founder, the startup will offer an upfront lump sum and a cut of the profits to these firms.<\/li><li>It aims to acquire businesses that focus on everyday consumer products in categories such as home and living, beauty and personal care, pets, babies, and sports.<\/li><li>Since launching earlier this year, Una Brands has acquired over 20 firms. It claims that the earliest businesses have seen over 50% increase in sales and profits since their acquisition.<\/li><li>Get the full article on <a href=\"https:\/\/www.techinasia.com\/una-brands-commits-23m-buy-malaysian-ecommerce-brands-2022\">Tech in Asia<\/a>. A subscription may be required.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bagging a deal 500-backed retail platform for the resale of luxury goods Luxclusif has been acquired by Farfetch, a luxury fashion retail firm. According to the article, this move is part of Farfetch\u2019s goal to expand its footprint in the resale space. It is also eyeing technology leadership in the B2B resale space. Luxclusif will [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":2809,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[45,484,361],"class_list":["post-2808","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-carousell","tag-luxclusif","tag-una-brands"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=2808\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup\" \/>\n<meta property=\"og:description\" content=\"Bagging a deal 500-backed retail platform for the resale of luxury goods Luxclusif has been acquired by Farfetch, a luxury fashion retail firm. According to the article, this move is part of Farfetch\u2019s goal to expand its footprint in the resale space. It is also eyeing technology leadership in the B2B resale space. Luxclusif will [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=2808\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-09T06:42:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-09T06:42:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png\" \/>\n\t<meta property=\"og:image:width\" content=\"630\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=2808#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png\",\"width\":630,\"height\":420},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=2808#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=2808\",\"name\":\"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=2808#primaryimage\"},\"datePublished\":\"2021-12-09T06:42:40+00:00\",\"dateModified\":\"2021-12-09T06:42:41+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=2808#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=2808\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=2808#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=2808","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup","og_description":"Bagging a deal 500-backed retail platform for the resale of luxury goods Luxclusif has been acquired by Farfetch, a luxury fashion retail firm. According to the article, this move is part of Farfetch\u2019s goal to expand its footprint in the resale space. It is also eyeing technology leadership in the B2B resale space. Luxclusif will [&hellip;]","og_url":"https:\/\/dailymarkup.com\/?p=2808","og_site_name":"Markup","article_publisher":"http:\/\/facebook.com\/500southeastasia","article_published_time":"2021-12-09T06:42:40+00:00","article_modified_time":"2021-12-09T06:42:41+00:00","og_image":[{"width":630,"height":420,"url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ching Yee Ho","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/dailymarkup.com\/#website","url":"https:\/\/dailymarkup.com\/","name":"Markup","description":"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dailymarkup.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/?p=2808#primaryimage","url":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png","contentUrl":"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/12\/1bdb198039f07856656b564aaa3c2147.webp.png","width":630,"height":420},{"@type":"WebPage","@id":"https:\/\/dailymarkup.com\/?p=2808#webpage","url":"https:\/\/dailymarkup.com\/?p=2808","name":"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands - Markup","isPartOf":{"@id":"https:\/\/dailymarkup.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dailymarkup.com\/?p=2808#primaryimage"},"datePublished":"2021-12-09T06:42:40+00:00","dateModified":"2021-12-09T06:42:41+00:00","author":{"@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f"},"breadcrumb":{"@id":"https:\/\/dailymarkup.com\/?p=2808#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dailymarkup.com\/?p=2808"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/dailymarkup.com\/?p=2808#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dailymarkup.com\/"},{"@type":"ListItem","position":2,"name":"Daily Markup #393: Luxclusif acquired by Farfetch to boost fashion tech offerings; Carousell launches two charitable initiatives for the festive season; Una Brands commits to investing US$23.6M in Malaysian brands"}]},{"@type":"Person","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f","name":"Ching Yee Ho","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g","caption":"Ching Yee Ho"},"url":"https:\/\/dailymarkup.com\/?author=5"}]}},"_links":{"self":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/2808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2808"}],"version-history":[{"count":1,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/2808\/revisions"}],"predecessor-version":[{"id":2810,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/posts\/2808\/revisions\/2810"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=\/wp\/v2\/media\/2809"}],"wp:attachment":[{"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailymarkup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}