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Carousell was founded in Singapore on 14 May 2012, by co-founders Quek Siu Rui, Lucas Ngoo, and Marcus Tan. The first item sold on Carousell was an Amazon Kindle e-reader for S$75. [1] Carousell was subsequently registered as Carousell Pte. Ltd. on 2 January 2013. [2] Carousell received its first investment from Quest Ventures. [3]
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In April 2019, Carousell acquired OLX Philippines after receiving an investment from Naspers. [13] The deal also gave OLX 10% stake in Carousell. [14] In Indonesia, in March 2014, OLX took over Tokobagus.com, and rebranded to OLX.co.id. [15] In July 2020, BeliMobilGue rebranded itself as OLX Autos in Indonesia. [16]
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Carousell, a pseudonym of British musician Richard Skelton Carousell (company) , a Singaporean e-commerce company B&B Carousell , a historic carousel located in Coney Island, Brooklyn
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