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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]
Since May 2014, a total ban of alcohol with closing of night schools and limitation of nightlife areas took effect. The Liquor Control (Supply and Consumption) Bill was subsequently proposed and assented by the President of Singapore. Liquor licence categorisation is regulated by the new Act as follows: Class 1A: Trading Hours 0600hrs to 2359hrs
According to a study conducted by The Straits Times and Statista, the 2019 funding round and business growth have made Grain fifth among Singapore's fastest-growing companies. [ 9 ] In 2020, Grain was on the list of LinkedIn Top Startups 2020 reveals 10 young companies that are emerging, or have remained resilient, amid the time of Covid-19.
In 2012, Drizly, an alcohol e-commerce platform, launched its service in Boston allowing liquor stores to offer on-demand delivery. Other alcohol e-commerce platforms include Minibar, Saucey, and Bevz. In 2020, during the COVID-19 pandemic, Instacart announced that users would be able to add alcohol to their pick-up orders. [26]
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.
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[5] [9] [10] [11] Sheng Siong has since evolved into a chain of 37 stores, mainly supermarkets, in Singapore. The store initially focused on providing a wide range of no-frills products and increased sales by accepting lower profit margins. Other cost-saving measures included employing less staff and avoiding the use of in-house plastic bags ...
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