Carousell Careers

Carousell Group is a Singapore-based classifieds and second-hand (recommerce) marketplace founded on 14 May 2012 by Quek Siu Rui, Lucas Ngoo, and Marcus Tan. Headquartered in Singapore, it lets people buy and sell used and new goods across categories like electronics, fashion, cars, and property. The company operates as Carousell Pte. Ltd. and remains privately held.

The group runs across Southeast Asia and beyond, with a presence in Singapore, Malaysia, Indonesia, the Philippines, Taiwan, Hong Kong, Macau, Australia, New Zealand, and Canada, plus an engineering site in India. Its footprint grew through acquisitions including OLX Philippines (2019) and the Telenor classifieds assets Mudah, Chotot, and OneKyat (2019). Carousell reached unicorn status, valued at about US$1.1 billion in September 2021, backed by investors such as Naver, Rakuten, Sequoia Capital, and STIC Investments.

Carousell is led by co-founder and CEO Quek Siu Rui, with co-founder Marcus Tan as President and JJ Ang as Chief Financial Officer. The business isn't yet profitable but has been narrowing losses: group revenue rose about 2.9% to US$119.3 million in FY2024 while net loss trimmed to US$33.2 million. Revenue splits between recommerce and advertising, and the company cut roughly 7% of staff in December 2024 as it pushes toward profitability.