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Carousell was founded in Singapore on 14 May 2012, by co-founders Quek Siu Rui, Lucas Ngoo, and Marcus Tan. The first item sold on Carousell was an Amazon Kindle e-reader for S$75. [1] Carousell was subsequently registered as Carousell Pte. Ltd. on 2 January 2013. [2] Carousell received its first investment from Quest Ventures. [3]
In January 2016, the company merged with Glazer's, changing the name to Southern Glazer's Wine and Spirits, forming the biggest wine and spirits distributor in the country. [5] [6] Currently, Forbes lists Southern Glazer's Wine & Spirits as the 10th largest private company in the United States. They also note an annual revenue of $26 billion ...
Shopee was established in Singapore in February 2015 as a mobile-focused marketplace that enables users to browse, shop, and sell products. [10] The platform integrates logistical and payment support to facilitate transactions and is designed to operate with minimal physical assets.
Qoo10 is a Southeast Asian e-commerce platform, formerly known as GMarket, headquartered in Singapore. [2] It operates localized online marketplaces across Singapore, Indonesia, Malaysia, mainland China, and Hong Kong, and on one international online marketplace.
In 2024, Singapore-based equity firm Venturi Partners invested US$25 million in Dali, [6] while DEG, the investment arm of the German state-owned development bank KfW, invested another US$8.4 million. [7] In April 2024, the number of stores increased to 630 (all in Luzon), with plans have a total of 950 stores by the end of the year. [8]
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S&R Membership Shopping was established in 2001 as S&R PriceSmart, a franchise of American membership warehouse club chain PriceSmart. [1] [2] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [1]
Singapore is home to a lively craft beer scene with hundreds of craft beer brands imported from around the world and well-represented in the island. Since the mid 2010s, craft beers are more available throughout bars, restaurants and hotels as well as retail outlets from supermarket to independent craft beer stores, both offline and online.