{"id":4952,"date":"2024-04-08T00:00:00","date_gmt":"2024-04-07T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4952"},"modified":"2024-04-05T09:31:19","modified_gmt":"2024-04-05T01:31:19","slug":"daily-markup-963-carousell-acquires-luxlexicon-to-give-luxury-shoppers-a-wider-selection-of-authenticated-premium-resale-bags-and-peace-of-mind","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4952","title":{"rendered":"Daily Markup #963: Carousell acquires LuxLexicon to give luxury shoppers a wider selection of authenticated premium resale bags and peace of mind"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/_2TctiWS_gj9NnVaMC8ZvN6KLkJirTfntVd2ENBxLRxHjM8lIoVMAkYZhsjL0tuolQMnY5QETLp36iFj5o2FrTBTlP-_MEJymAuuYMo_-9sU4aBTYaofssDZqWZqzCi3DQz-3eurIoqAbF1X3Mg5P2U\" alt=\"\"\/><figcaption class=\"wp-element-caption\">Photo credit: Carousell<\/figcaption><\/figure>\n\n\n\n<p><strong>Tried and trusted<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Luxury shoppers have more reasons to buy on 500-backed recommerce platform <a href=\"https:\/\/www.carousell.sg\/\">Carousell<\/a>. The company just acquired LuxLexicon, a leading reseller of luxury bags, to offer a wider selection of authenticated premium luxury resale products to give peace of mind to customers.<\/li>\n\n\n\n<li>This move comes as the company sees a surge in high-end bag listings, with an increase of 71% per month over the last two years. This enhanced focus may help take Carousell closer to their goal of <a href=\"https:\/\/bit.ly\/3VIkuRm\">growing their users by 10x<\/a>.<\/li>\n\n\n\n<li>Carousell launched 2 initiatives in 2023 to meet this appetite for luxury goods: the Carousell Certified Luxury program, which verifies the authenticity of high-end bags; and the Sell to Carousell Luxury service, which allows users to sell or consign their bags to Carousell.<\/li>\n\n\n\n<li>\u201cOur ambition is to create the largest managed marketplace for authenticated second-hand luxury bags where users can buy and sell with trust and convenience,\u201d Co-founder <a href=\"https:\/\/www.linkedin.com\/in\/curiousmarcus\/\">Marcus Tan<\/a> shared.<\/li>\n\n\n\n<li>He revealed that they will continue to seek suitable acquisition opportunities with the right partners that can help Carousell make buying and selling secondhand items more trusted and convenient in recommerce.<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/3vGaihO\">The Straits Times<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Tried and trusted<\/p>\n","protected":false},"author":5,"featured_media":4953,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[45],"class_list":["post-4952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-carousell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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