How 3 friends turned their unwanted items into a $550 million business

Alumni, Department of Computer Science, News Media

NUS Computing alumnus Lucas Ngoo with NUS alumni Quek Siu Rui and Marcus Tan started their online consumer-to-consumer marketplace in 2012, after being inspired during an internship in Silicon Valley. Within seven years, the Carousell co-founders won the support of top investors and earned a valuation of $550 million.

CNBC, 8 October 2019

Trending Posts

11 November 2021
TigerGraph and NUS Business Analytics Centre Collaborate to Strengthen Graph Database Capabilities
1 August 2025
Fewer Seniors in Singapore Fall for Scams, But Losses Are Greater — Experts Urge Businesses and Consumers to Stay Vigilant
10 July 2019
Coding enrichment classes for all upper primary school students from next year
30 October 2018
Unhackable hardware for secure data sharing
17 April 2018
Singapore’s Dexecure raises US$762K in seed funding to help speed up sites by 40%
11 March 2018
Establishing a National Digital Identity
8 March 2024
AI talent, knowledge to be boosted with new initiatives
Associate Professor Bryan Low leads an accelerated Master’s programme in AI, providing early research exposure to Singaporean undergraduates. The programme ...
30 April 2025
The Hidden Dangers of AI Companionship
10 March 2018
High pay, good job prospects: Local computer science undergrads flocking to Silicon Valley internships
11 July 2023
Northern Trust, NUS School of Computing and NUS Asian Institute of Digital Finance Join Forces to Support Blockchain Development for Institutional Use
5 March 2018
Crowdvilla enables you to collectively own and use a holiday home –using Ethereum
23 May 2021
Tech, knowledge, culture: digital transformation tips and stories from Singapore’s first CIO
11 March 2019
Universities ramp up places for computing courses
18 November 2021
Your Smartphone May Soon Be Able To Detect Hidden Spy Cameras
19 March 2023
National University of Singapore’s Multi-disciplinary Master’s Programs to Equip Learners with Skills for Industry 4.0
1 April 2021
NUS offers new Masters and PhD programmes in FinTech to boost digital finance research talent and capabilities in Singapore
25 May 2018
Government And Academic Support Are Giving Singapore An Edge In The Blockchain Race
5 September 2019
National University of Singapore Empowers Student Ethical Hackers to Bolster Cybersecurity
8 April 2019
Singapore students prepare for future jobs
26 September 2022
Best Universities for Blockchain 2022: National University of Singapore
5 June 2023
AI & Cybersecurity in the Military
8 March 2019
Singapore TOP100 winners show why Southeast Asian startup scene is the world’s best
25 September 2019
Announcing the winners of the Networking Systems request for proposals
8 December 2020
Seven NUS professors lauded for their work and service
2 September 2024
阿比克·莱卓胡里(Abhik Roychoudhury)教授获得国大今年新设立“杰出研究生导师奖”
14 February 2019
New liberal arts, computing concurrent degree
14 January 2020
New data security rules for public sector by end-2020
30 April 2025
GE2025 — Can AI Determine Winners and Losers?
13 November 2019
Be careful while surfing on the Internet
19 March 2026
Professor Anthony Tung on Singtel’s two consecutive days of mobile connectivity disruptions.
CNA's Singapore Tonight featured Professor Anthony Tung from the Department of Computer Science as a live studio guest on Singtel's ...