CEO & Co-Founder, Carousell
Search every verified Quek Rui interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Quek Siu Rui, co-founder and CEO of Carousell, has emphasized the company's focus on recommerce and sustainable growth. In late 2024, he described Carousell's mission as making "secondhand the first choice" and noted that the company has been operating for 12 years while still being "less than 1% done." He stated that the company is investing in trust and convenience through initiatives such as a "Certified" authentication program for luxury goods and the Refash clothing resale service, which allows users to drop off unwanted clothes at physical stores. Quek said Carousell is "well capitalized" and on track to profitability, with revenue growing over 60% in the prior year and an expectation to "healthily reduce" losses. Quek has also discussed the long-term challenges and opportunities of operating in Southeast Asia, describing the region as "highly fragmented" in language, culture, and logistics. He cited the global trend toward sustainability and the circular economy as a "major tailwind" for recommerce. Reflecting on the company's journey, Quek said that "meaningful things do take time" and that the "best years are ahead of us." He has credited the company's early focus on a mobile-first "snap-sell" experience and a disciplined approach to product-market fit as foundational to its growth.
“My name is Siu Rui, one of the co‑founders of Carousell. We are on a mission to make secondhand the first choice — it saves money, the Earth, and benefits people; our job is to make selling simple and buying trustworthy. We've been doing this for about 12 years and we're still less than 1% done.”
“We started 12 years ago as three co‑founders inspired by Silicon Valley and built a mobile-first 'snap-sell' app so you could sell something in 30 seconds; we launched across seven markets in Southeast Asia, Hong Kong and Taiwan and now serve tens of millions of users.”
“One of our largest categories is luxury — buyers told us they'd do more transactions if they had peace of mind, so we built an authentication team and launched a 'Certified' program to let people buy luxury bags, phones, cars and fashion with confidence.”
“I'm super bullish about Southeast Asia: by 2030 the region will be 700+ million people with a rising middle class, and a global mega-trend toward conscious, sustainable consumption is powering the circular economy — that's a major tailwind for recommerce.”
Simran Vaswani, Reporter, DealStreetAsia Quek Siu Rui, Co-Founder & CEO, Carousell Eric Cheng, Co-Founder, Chairman ...
Quek Siu Rui, CEO and co-founder of the Singapore-based online marketplace for secondhand goods, says "the best advice that ...
Carousell is Singapore's newest unicorn. For CNN's Marketplace Asia, Kristie Lu Stout speaks to co-Founder & CEO Siu Rui Quek ...
This talk covers: 1. Carousell's unique role and position in the world of e-commerce 2. Definition of marketplace balance and its ...
Vote now: https://www.straitstimes.com/tags/singaporean-of-the-year-2019 Seven years ago, Quek Siu Rui, Lucas Ngoo and ...
Find out how founders beat the odds and achieved success from Singapore. Moderated by Kelvin Zin, Regional Vice President, Economic Development Board, West Coast, USA Speakers • Carousell – Quek Siu Rui, Co-founder • Bigo Technology – Jason Hu, Co-founder & CTO • Zopim – Wenxiang Wu, Co-founder
DBS BusinessClass Star Advisor Siu Rui is Carousell's CEO and co-founder. Participants who attended the networking session ...
Oct.04 -- Bloomberg's Haslinda Amin returns for a seventh season, interviewing some of the world's sharpest business minds aboard the Singapore Flyer. Quek Siu Rui is the Co-founder & CEO of Carousell, a mobile classified app well on its way to becoming Southeast Asia's next unicorn.
Carousell co-founders Marcus Tan, Quek Siu Rui and Lucas Ngoo talk about their latest tech developments, their plans for the future, and offer advice to budding entrepreneurs. ----- Read the full story: https://www.straitstimes.com/singapor... In the Lunch with Sumiko series, ST executive editor Sumiko Tan gets up close with newsmakers over lunch - and a selfie. For more on Lunch With Sumiko series: https://www.straitstimes.com/tags/lun... Subscribe to The Straits Times YouTube channel for free: https://www.youtube.com/user/StraitsT... Get the latest news updates: http://www.straitstimes.…
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