News Summary

• Concert tickets and electronics are among the most common products used in trading scams on online marketplace Carousell.
• The platform has rolled out new measures that it has said will better protect users in Hong Kong.
• During the first five months of the year, Hong Kong saw a 25 per cent decrease in financial losses from scams, totalling HK$2.8 billion (US$356.7 million) The city also experienced a rise in concert ticket scams following the opening of Kai Tak Sports Park in March.