SINGAPORE - E-commerce platform Carousell has acquired luxury bag reseller LuxLexicon to expand its presence in the luxury segment, said the company on April 2.
“Our ambition is to create the largest managed marketplace for authenticated second-hand luxury bags where users can buy and sell with trust and convenience,” he said, adding that users had given feedback that they lacked the knowledge in identifying counterfeit items.One is Carousell Certified Luxury, which allows users to buy authenticated second-hand luxury bags, the firm said.
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