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

27 September 2022
One card to rule them all: This S’pore startup is unifying the payment process for EV charging
18 February 2022
HLSCC to offer FinTech courses starting next month
25 May 2024
IN FOCUS: ‘At the click of a button’ – the scourge of deepfake AI porn
Associate Professor Terence Sim of the National University of Singapore’s Centre for Trusted Internet and Community said AI-generated porn is ...
9 August 2021
Behind the scenes: A day in the life of a cybersecurity “threat hunter
26 August 2024
IBM, NUS to set up new AI research and innovation centre in Singapore
5 May 2019
Gen Y Speaks: Three things I learned running a business to curb food wastage
30 April 2025
The Hidden Dangers of AI Companionship
7 August 2026
[938LIVE #TalkBack] Is facial recognition effective for public transport?
Associate Professor Terence Sim from the Department of Computer Science joined CNA938 #TalkBack segment on facial recognition technology in public ...
12 December 2025
[China Global Television Network – Asia Today] Singapore’s AI Pivot: Singapore upgrades its AI model for local languages using Alibaba’s Qwen3
Professor Ng Hwee Tou from NUS Computing shared his expert perspectives in CGTN's (China Global Television Network) Asia Today segment ...
5 October 2019
Open For Business
27 November 2020
60 years of facial recognition: The hidden perils behind Singapore’s ‘facial recognition era’
27 January 2022
Bennett University: Global programme to hone AI, data skills of students
6 March 2026
NUS School of Computing, OpenAI partner to develop AI graduates
Tech in Asia reported on NUS School of Computing's collaboration with OpenAI to integrate Codex and other tools from OpenAI's ...
17 July 2019
The First CTF For Girls in Singapore
31 July 2024
In the age of AI, there’s no future for workers content with being code monkeys — and they know it
18 July 2018
Business leaders must have deeper understanding of emerging technologies for digital transformation
26 June 2018
How a team of academics built a billion-dollar blockchain startup in Singapore
24 December 2020
Generation Grit: NUS undergrad with cerebral palsy plans on helping others like him
8 July 2018
Campus Hunter Episode 3
5 December 2019
Information Systems student selected for prestigious graduate fellowship
24 November 2023
Over 200 Participants Tackle Cyber Threats at Critical Infrastructure Defence Exercise 2023
CIDeX 2023 is held from 22 to 24 November at the National University of Singapore (NUS) School of Computing. It ...
30 July 2018
Blockchain technology could disrupt logistics industry
15 March 2019
IT-ready for a diverse world
19 March 2024
You think AI will render coding redundant? Not so fast
Should we still learn to code in the age of AI? Professor Hahn Jungpil says that AI has its limitations ...
18 August 2025
Arrival of the AI Era: Authorities to Equip Students and Businesses with Skills to Boost Competitiveness
16 September 2026
[CNA Digital] CNA Explains: Why AI leaders are calling for a slowdown – and what makes it so difficult
Anthropic’s call for a global pause in AI development deserves to be taken seriously but a pause is structurally unlikely, ...
29 August 2022
Graduates remain cautiously upbeat as career fairs return in full force
16 July 2019
Four Malay students graduate with Highest Distinction
5 February 2024
ASEAN publishes guide on AI governance
Associate Professor Kan Min Yen asserts that ASEAN, as a “critical region,” stands to gain from suitable AI adoption and ...
20 July 2021
Founders of start-up aim to be as versatile as waffles