RETAIL’S NEW DAWN
After being mostly grounded through the pandemic, many in Singapore are excitedly planning upcoming vacations via the recently launched Vaccinated Travel Lane (VTL) scheme. But not Carousell co-founder and CEO Quek Siu Rui. “None of the countries we operate in currently have VTL schemes,” says Quek, entirely disregarding the notion of even going on holiday.
It is an apt reflection of his current headspace. For the past few years, it has been all systems go for Quek. In 2019, Carousell acquired online classified marketplaces in Malaysia, Cho Tot in Vietnam and OneKyat in Myanmar, cementing the company’s leading position in Southeast Asia in this e-commerce category. At the heart of it all is a deep-rooted ambition to, in Quek’s words, “make second hand the first choice”, as
