Ox Street Joins Carousell Group as It Sets Sights on the US$10 Billion Sneaker Resale Market in Greater Southeast Asia

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SINGAPORE – Media OutReach – 15 November 2021 – Carousell Group, the leading classifieds group in the Greater Southeast Asian region, has announced that it has acquired Ox Street, one of the fastest growing end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, as it sets sights on the US$10 billion sneaker resale market in Greater Southeast Asia.


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About Ox Street

Ox Street is one of the leading end-to-end marketplaces for authenticated sneakers and streetwear in Southeast Asia, focused on Gen Z and Y consumers in the region. There are 85 million Gen Z and Y consumers in Southeast Asia, who together will spend 128 billion USD on fashion in 2025. None of them are wearing suits, and these consumers spend a lot of time on their phones. Ox Street’s mission is to create a new way to shop, where buying and selling second-hand feels just as seamless as a luxury eCommerce experience. The company was founded in November 2019 and is currently operating in 5 markets across Southeast Asia. Learn more about Ox Street here.