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

8 October 2019
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

1 October 2019
10th Singapore Cyber Conquest Champions Announced
14 September 2020
Pioneer batch of NUS-FinTechSG Programme students graduate
15 August 2022
NUS School of Computing to get new dean
20 May 2022
Preventing abuse of biometrics authentication technology
24 May 2019
Explained: How governments can build better services with blockchain
18 April 2018
S’pore Firm Behind Roti-Making Robot Earned US$20M Sales In First Year – Now Raised US$30M Funding
30 October 2018
Unhackable hardware for secure data sharing
25 September 2019
Announcing the winners of the Networking Systems request for proposals
16 September 2020
New $9m research programme for smart city solutions
12 March 2018
Sailing the Krakatoa seas
18 January 2019
Two new research centres to develop privacy-preserving tech and train talent
31 July 2024
Queues spotted in S’pore as people get their eyes scanned for cryptocurrency
8 June 2021
S’porean man, 28, creates map of digitally-disadvantaged hawkers to bring them customers
11 May 2020
Wearable dongles and transport cards can be used to supplement contact tracing efforts
4 April 2022
Fintech course gets under way
12 March 2023
ChatGPT爆红 生成式AI科技掀吸金潮
24 May 2019
Top 45 Artificial Intelligence Companies
26 February 2019
NUS graduates enjoy high salaries and good employment prospects
3 March 2018
The 50 best computer science schools in the world
8 December 2020
Seven NUS professors lauded for their work and service
2 February 2018
Q&A with Tuan Q. Phan: ALSET’S Research Lead in Social and Networks Analysis
29 June 2018
S’pore team wins prize in space tech contest
8 October 2018
Chatbot empowers service industry
11 March 2019
Universities ramp up places for computing courses
20 July 2022
10% rebate on NUS master’s course fees, with extra 5% off for NUS graduates
21 January 2022
Start-up StaffAny founded by NUS grads raises $4.6 million in funding
30 April 2025
GE2025 — Can AI Determine Winners and Losers?
22 June 2019
They suffered burnout, but the game these young Singaporeans created kept them going
13 October 2021
Salaries to remittances: Afghans embrace crypto amid financial chaos
18 January 2024
NUS Computing receives US$1 million grant from Ripple to advance financial technology education
The FinTech Lab at the National University of Singapore’s (NUS) School of Computing has received a generous grant of US$1 ...