Question

What are revenue model of carousell?

What are revenue model of carousell?

Homework Answers

Answer #1

Carousell is currently not generating any revenue currently but they have a huge potential similar to facebook or any other big internet giant. Its a sale purchase platform which connects users. But considering the fact that e-commerce is growing at a rapid pace worldwide, investors are investing millions with Carousell and when it reaches masses they can run ads to generate revenue as is the business model of facebook.

If you need more information, do let me know :)

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