Two of the leading buy and sell platforms in the Philippines, Carousell and OLX, will merge soon. In a report by DealStreetAsia, the announcement came after Singapore-based Carousell received a $56 million funding from Naspers' OLX Group. And as part of the deal, Carousell will acquire the OLX Philippines business. Raffy Montemayor, General Manager of OLX Philippines, will manage Carousell's operations in the market and lead the transition. According to OLX Philippines, the integration with Carousell Philippines will happen in stages over the course of the first half of 2019. You can check out OLX Philippines' FAQ page here for more information on the Carousell-OLX integration. Buy and sell platform OLX Philippines has formally announced its integration with another buy and sell platform, Carousell. The announcement was first delivered in April 2019, when Singapore-based Carousell received a $56 million funding from Naspers’ OLX Group. Read more in our articles including "Carousell to acquire OLX Philippines business" and "OLX Philippines to merge with Carousell.ph".
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May 17, 2026Two of the leading buy and sell platforms in the Philippines, Carousell and OLX, will merge soon. In a report by DealStreetAsia, the announcement came after Singapore-based Carousell received a $56 million funding from Naspers' OLX Group.
And as part of the deal, Carousell will acquire the OLX Philippines business. Raffy Montemayor, General Manager of OLX Philippines, will manage Carousell's operations in the market and lead the transition. According to OLX Philippines, the integration with Carousell Philippines will happen in stages over the course of the first half of 2019.
Our coverage of carousell olx philippines includes: "Carousell to acquire OLX Philippines business"; "OLX Philippines to merge with Carousell.ph"; "vivo Y31d now officially available, price, specs in PH". Each article provides unique insights and information.