Sellers claim luxury marketplace Reebonz owes them over $30k

28 Aug 2021

Luxury marketplace Reebonz is under fire from disgruntled sellers who claim that the online company has not paid them on time. Reebonz, is alleged to owe more than $30,000 to 11 sellers on its platform. SP’s senior lecturer Amos Tan, opined that the company might be experiencing cash flow issues as its customer base probably consists of bargain-hunting middle-income consumers who are inclined to save money for essential items or investments like property during the pandemic.

[The Straits Times]