SINGAPORE - Shopee has achieved a full four ticks in the latest round of the E-commerce Marketplace Transaction Safety Ratings , putting it in the same bracket as Amazon, Lazada and Qoo10.
The Inter-Ministry Committee on Scams published the 2024 edition of the TSR on April 10, rating six major e-commerce marketplaces based on the latest anti-scam features, such as user verification, that they have in place. Aside from user verification, the marketplaces are also assessed based on transaction safety, the loss remediation experience for consumers and the effectiveness of their anti-scam efforts.On Facebook, the number of scams reported quadrupled from 1,138 cases in 2022 to 4,550 in 2023.
It added that the police have been working with the platforms to co-locate their staff at the Anti-Scam Command. Carousell and Shopee co-located their staff there between January and March.Minister of State for Home Affairs Sun Xueling, who chairs the committee, thanked the e-commerce platforms that had partnered with it on the TSR.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carousell Acquires LuxLexicon to Expand Presence in Luxury SegmentE-commerce platform Carousell has acquired luxury bag reseller LuxLexicon to expand its presence in the luxury segment. The luxury resale sector in South-east Asia, Hong Kong and Taiwan is expected to grow significantly and reach a market value of US$7.5 billion (S$10.1 billion) by 2026, Carousell said. Luxury has been one of Carousell Group’s key focus categories since last year. Carousell aims to create the largest managed marketplace for authenticated second-hand luxury bags.
Source: straits_times - 🏆 5. / 69 Read more »
Shopee rises to top tier of e-commerce platform safety ratings; Carousell, Facebook Marketplace stay at bottomSINGAPORE — Online retail platform Shopee rose to the top of official rankings for its security measures to tackle e-commerce scams for the first time, while Carousell and Facebook Marketplace remain at the lowest tier in the ratings, the Ministry of Home Affairs (MHA) said on Wednesday (April 10).
Source: TODAYonline - 🏆 1. / 99 Read more »
Decathlon partners Carousell to give more second-hand bicycles a new lease of lifeThe bikes are refurbished and put on sale via Decathlon’s official second-hand store on Carousell.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Carousell suspends ticket sales for Taylor Swift concerts in SingaporeRules had to be bent to protect users from scams, said classifieds app Carousell’s chief of staff Tan Su Lin, explaining its unprecedented decision to suspend ticket sales for Taylor Swift’s concerts in Singapore.
Source: straits_times - 🏆 5. / 69 Read more »
Carousell on halting sales of Swift concert tickets: ‘Draconian’ action needed amid fan frenzyUsers were in a frenzy to buy tickets and not catching signs of scams.
Source: The Straits Times - 🏆 8. / 63 Read more »
Woman arrested for Taylor Swift concert ticket scams on CarousellSINGAPORE: A 29-year-old woman was arrested on Monday (Mar 11) for her suspected involvement in scams concerning the sale of Taylor Swift concert tickets on online marketplace Carousell. The US pop star wrapped up the last of her s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »