Carousell is a private company building in marketplace / e-commerce (classifieds), founded in 2012. Investors last valued the company at $1.1B. Its shares do not trade on a public exchange.
2 valuations. The latest, $1.1B post-money, was set by the Series unnamed (STIC Investments) in Sep 2021.
Carousell is a Singaporean e-commerce company founded on 14 May 2012 by Quek Siu Rui, Lucas Ngoo and Marcus Tan, letting users buy and sell new and used goods through a mobile-first marketplace. The first item ever sold was an Amazon Kindle for S$75, and the platform now operates across Malaysia, Indonesia, the Philippines, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada.
Carousell uses AI image recognition to auto-suggest a listing's category, title and price, and added the CarouPay and Carousell Protection escrow payment features with DBS, Stripe and Visa in 2018. In September 2025, the company opened its first luxury boutique, in Singapore's The Centrepoint, selling pre-owned luxury items.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Carousell.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Carousell availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Carousell included.
The last valuation is $1.1B.
Lead investors for each round are in the funding timeline.
The closest marketplace / e-commerce (classifieds) peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. Carousell is a private company; its shares do not trade on a public exchange.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
