Daily BriefsSingapore

Singapore: Carousell, Geo Energy Resources and more

In today’s briefing:

  • Carousell Tearsheet – Singapore’s Resale Unicorn
  • Smartkarma Corporate Webinar | Geo Energy: Efficient and Low-Cost Coal Mining

Carousell Tearsheet – Singapore’s Resale Unicorn

By Clarence Chu

  • Carousell is a Singapore based platform serving the C2C and B2C marketplace for purchase and resale of second hand goods. 
  • In its latest funding round in Sept 2021, the company raised US$100m at a valuation of US$1.1bn. As per Crunchbase, Carousell has raised just over US$280m since inception.
  • Carousell is expected to list in the US via a SPAC Merger with L Catterton Asia Acquisition. 

Smartkarma Corporate Webinar | Geo Energy: Efficient and Low-Cost Coal Mining

By Smartkarma Research

For our next Corporate Webinar we are glad to welcome Geo Energy Resources (GERL SP) CEO and Executive Director, Kum Hon Tung.

In the upcoming webinar, Kum Hon will share a short company presentation, after which he will engage in a fireside chat with Smartkarma Insight Provider, Nicolas Van Broekhoven. The Corporate Webinar will include a live Q&A session.

The Corporate Webinar will be hosted on Tuesday, 8 March 2022, 17:00 SGT.

Geo Energy Group is a coal mining group, established in 2008, with offices in Singapore and Indonesia and production operations in Kalimantan, Indonesia. The group has transitioned from being primarily a coal mining services provider to a coal producer that subcontracts its coal mining operation.

Geo Energy has been listed on Singapore Stock Exchange’s main board (Stock Code: RE4) since 2012 and is part of the Singapore FTSE index.


Before it’s here, it’s on Smartkarma