Carousell

OverviewSuggest Edit

Carousell is a company providing a classifieds marketplace. It offers an application that enables users to snap, list, and sell new, unused and under-used products. The Carousell marketplace has a diverse range of products across a variety of categories, including cars, lifestyle, gadgets, and fashion accessories.

TypePrivate
Founded2012
HQSingapore, SG
Websitecarousell.com
Employee Ratings4.2

Latest Updates

Employees (est.) (Jun 2022)696(+12%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Carousell

Quek Siu Rui

Quek Siu Rui

Co-Founder, CEO
Lucas Ngoo

Lucas Ngoo

Co-Founder, CTO
Marcus Tan

Marcus Tan

Co-Founder, President
Edwin Chan

Edwin Chan

Chief Financial Officer
Show more

Carousell Office Locations

Carousell has offices in Singapore, Hong Kong, Bengaluru, Jakarta and in 5 other locations
Singapore, SG (HQ)
Singapore
Hong Kong, HK
Hong Kong
Bengaluru, IN
Bengaluru
Jakarta, ID
Jakarta
Kuala Lumpur, MY
Kuala Lumpur
Yangon, MM
Yangon
Show all (9)

Carousell Financials and Metrics

Summary Metrics

Founding Date

2012

Carousell total Funding

$362.8 m

Carousell latest funding size

$100 m

Time since last funding

9 months ago

Carousell investors

Carousell's latest funding round in September 2021 was reported to be $100 m. In total, Carousell has raised $362.8 m. Carousell's latest valuation is reported to be $1.1 b.
View all funding rounds

Carousell Revenue

Market valuation

1.1b
Show all financial metrics

Carousell Acquisitions / Subsidiaries

Company NameDateDeal Size
701SearchNovember 22, 2019
DurianaJanuary 05, 2017
CaarlyOctober 27, 2016
Watch Over MeAugust 31, 2016

Carousell Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Carousell Online and Social Media Presence

Embed Graph

Carousell News and Updates

Singapore Property Classifieds Market Outlook Report 2022 Featuring Major Players - Property Guru Group, SRX Property, Carousell, ST Property, Mogul, Greyloft

Dublin, June 21, 2022 (GLOBE NEWSWIRE) -- The "Singapore Property Classifieds Market Outlook to 2025 - Driven by Consumer Preference and Investments from Vcs Along With Exponential Growth of Smartphone Penetration" report has been added to ResearchAndMarkets.com's offering. Singapore Property Clas…

Org Chart: The people leading Carousell

We look at the team behind Carousell as the firm diversifies its business while eyeing a potential IPO.

Carousell joins the race for ad dollars

Carousell’s new digital ad play, Byju’s co-founder pumps in US$400 million in a US$800 million funding round.

Can Carousell crack Google-Facebook duopoly with big ad bet?

Carousell’s Connect challenges tech giants’ walled garden approach toward advertising and was two years in the making.

Carousell triples revenue to $40.6m in 2020

The Singapore-headquartered classifieds giant could list in the US through a SPAC merger as soon as this quarter.

Carousell in talks for $150m acquisition of 99 Group

If the deal goes through, 99 Group's valuation will be well above the US$83.6 million mark that it hit in 2020.
Show more

Carousell Blogs

Entravision MediaDonuts Inks Partnership with Carousell Media Group

Through this partnership, brands can advertise on premium real estate in Carousell’s e-commerce space while leveraging its advanced contextual and audience targeting capabilities.

Cho Tot launches ‘Protected Payment’ feature to further enhance safety and convenience in buying and selling secondhand items

Ho Chi Minh City, June 14 2022, Cho Tot – the leading classifieds site in Vietnam, launches the Protected Payment’Continue reading

Carousell Media Group And IAB SEA+India Reveal Asian Consumers’ Attitudes Towards Savings, Spending, Shopping And Sustainability

CMG and the IAB SEA+India have released a new report showing a digital disruption spurred on by the migration of users from offline to online with the new stay-at-home paradigm.

Top 10 Sneaker Investments That Have Risen In Value

Reading Time: 7 minutes All image credits Nike, Balenciaga, adidas and various sources You’ll no doubt know some collectible sneakers can be insanely valuable, with some sneakers going for well into the 4 figures on marketplaces like Ox Street. Whether you have a casual interest in browsing the mos…

Carousell To Acquire Refash To Make Selling Fashion Even Simpler For Time-Starved Users

The leading recommerce marketplace will acquire Refash to power instant ‘empty-your-closet’ selling capabilities and make thrift shopping and circular fashion more accessible with Refash’s online store refash.sg and 10 physical thrift stores across Singapore

5 Reasons Why Post-Renovation Cleaning Is Necessary

Reading Time: 7 minutes Renovating your home is a task in itself, clearing up the mess after is a whole other ball game. Most people plan to clean their homes after renovations during events like Chinese New Year, Hari Raya, Deepavali, or simply after their house-warming. But the question of whethe…
Show more

Carousell Frequently Asked Questions

  • When was Carousell founded?

    Carousell was founded in 2012.

  • Who are Carousell key executives?

    Carousell's key executives are Quek Siu Rui, Lucas Ngoo and Marcus Tan.

  • How many employees does Carousell have?

    Carousell has 696 employees.

  • Who are Carousell competitors?

    Competitors of Carousell include Coupang, Yamibuy and LetsTango.com.

  • Where is Carousell headquarters?

    Carousell headquarters is located at Singapore, Singapore.

  • Where are Carousell offices?

    Carousell has offices in Singapore, Hong Kong, Bengaluru, Jakarta and in 5 other locations.

  • How many offices does Carousell have?

    Carousell has 9 offices.