What is Carousell Philippines's business focus and history?
Carousell Philippines is a funded company based in Pasig City and Taguig (Philippines), founded in 2012 by Quek Siu Rui, Lucas Ngoo, and Marcus Tan. It operates as a multi-category classifieds and recommerce marketplace, offering a diverse range of products across various categories, including cars, real estate, lifestyle, gadgets, and fashion accessories. Carousell Philippines has raised significant funding, including a $56 million investment from Naspers in April 2019 and a $100 million Series D funding round led by STIC Investments in September 2021, bringing its valuation to $1.1 billion. The company has several active competitors, including Shopee, Lazada, and Zalora.
Carousell Philippines Corporate Details & Core Services
Carousell Philippines is a multi-category classifieds and recommerce marketplace that makes selling as easy as taking a photo and buying as simple as chatting. It offers a diverse range of products across various categories, including cars, real estate, lifestyle, gadgets, and fashion accessories.
Carousell Philippines Contact Information & Official Links
What are Carousell Philippines's Key Business Metrics & Stats?
No of employees 101
Founded year 2012
Type private
SAICS CODE 7389
NAICS Code 454111
Industry E-commerce
Location Pasig City, Metro Manila, Philippines
Parent Company carousell.com
Pricing Strategy Free listings, Paid promotions, Advertising packages
Carousell Philippines
Firmographic Snapshot
2026
2012
Founded Year
101
Global Employees
Philippines
Headquarters
E-commerce Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has Carousell Philippines raised to date?
Name
Description
Funding Amount
USD 56 Million
Stage
Investment
Latest Valuation
1.1 Billion (USD)
Lead Investor
Naspers
Investors
Naspers, OLX Group
What are Carousell Philippines's Core Products?
Name
Description
Carousell Marketplace
An online platform for buying and selling a wide range of products.
Carousell Protection
A secure in-app payment feature that ensures safe transactions between buyers and sellers.
What are the latest developments at Carousell Philippines?
Date
Type
Description
November, 2024
Press Release
Carousell Philippines releases its first 'Year-in-Secondhand' insights, highlighting the country's leadership in sustainable shopping.
Carousell Philippines VS Shopee Philippines VS Lazada Philippines VS ZALORA Philippines : 2026 Comparison
Feature
Carousell Philippines
Shopee Philippines
Lazada Philippines
ZALORA Philippines
Core Strengths Carousell Marketplace, Carousell Protection
Shopee Mall, ShopeePay, Shopee Xpress
LazMall, Lazada Wallet
Apparel, Footwear, Accessories, Beauty Products
Founded Year 2012
2015
2012
2012
Stock Name/Ticker SE (NYSE)
Type private
public
private
private
Global Employees 101
Revenue (Annual) $16.8 Billion(2024)
$150 Million(2024)
Headquarters Pasig City, Metro Manila, Philippines
Taguig City, Metro Manila, Philippines
Manila, Philippines
Makati, Philippines
Latest Valuation $1.1 Billion
$180 Billion
$1 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
Shopee Philippines
16.8 | 0
ZALORA Philippines
150 | 0
Competitive Landscape 2026
DexterAgent.ai
What are Carousell Philippines's official legal and registration details?
Name
Description
Legal Name
Carousell Pte. Ltd.
Cin number
GST number
Registration number
Who is in Carousell Philippines's executive leadership team?
Name
Designation
CEO
Quek Siu Rui
Co-founder and CTO
Lucas Ngoo
Co-founder and President
Marcus Tan
Where are Carousell Philippines's primary office locations?
City
Country
Pasig City
Philippines
Taguig
Philippines
What are the current business signals and market intelligence for Carousell Philippines?
Spending next 3 months
Marketing campaigns, User acquisition, Platform enhancements
Pain points
Ensuring transaction security, Managing user-generated content, Competing with larger e-commerce platforms
Sales motion
Online marketplace transactions, In-app promotions, Advertising services
Buyer Persona
Tech-savvy individuals, Bargain hunters, Small business owners
Type of customer
Individual consumers, Small businesses
Key customer domain
shopee.ph, lazada.com.ph, zalora.com.ph
What are Carousell Philippines's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
Yes
Company Ratings
3.2
Glassdoor Rating
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
Yes
Exporter
No
Mobile App
Yes
Retail
Yes
B2B
Yes
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
