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Top related persons:
Shailendra Singh - 2 ” - 2 Carousell - 2 Singh - 1 CNBC's Tanvir Gill - 1 Marcus Tan - 1 I’d - 1 “ - 1
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XV Partners - 2 Asia's - 2 Sequoia Capital - 2 Labs - 2 U.S - 1 Sequoia - 1 Partners - 1 CNBC - 1

Search resuls for: "Carousell"


10 mentions found


☆ Watch CNBC's full interview with Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firms
  + stars: | 2024-05-16 | by ( Tanvir Gill | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firmsPeak XV Partners, formerly Sequoia Capital India and Southeast Asia, has invested in over 400 companies in the technology, software, financial services and consumer space. They include fintech firm Pine Labs, Singapore-based online retailer Carousell, Indonesian ride-hailing giant Gojek as well as Indian edtechs Byju's and Unacademy.
Persons: Shailendra Singh Organizations: XV Partners, Asia's, Sequoia Capital, Labs Locations: Sequoia, Sequoia Capital India, Southeast Asia, Singapore
☆ China is still an important market even if investors diversify from it now, says Peak XV
  + stars: | 2024-05-15 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com   time to read: +1 min
China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia. "The China Plus One strategy, in terms of sourcing and so on, is definitely benefiting places like India, Southeast Asia," said Shailendra Singh, managing director of Peak XV Partners, one of Asia's biggest venture capital firms with $9 billion of assets under management. Last year, Sequoia split into three independent geographic units – Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia and HongShan in China. Peak XV has invested in over 400 companies in the technology, software, financial services and consumer space. They include fintech firm Pine Labs, Singapore-based online retailer Carousell, Indonesian ride-hailing giant Gojek as well as Indian edtechs Byju's and Unacademy.
Persons: Shailendra Singh, Singh, CNBC's Tanvir Gill Organizations: U.S, XV Partners, Sequoia Capital, Asia's, Sequoia, Partners, Labs Locations: China, Sequoia, Sequoia Capital India, Southeast Asia, India, U.S, Europe, HongShan, Washington, Beijing, Singapore
☆ Carousell co-founder discusses acquisition of luxury bag reseller LuxLexicon
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCarousell co-founder discusses acquisition of luxury bag reseller LuxLexiconMarcus Tan, co-founder and president of the Singapore-based online marketplace for secondhand goods, discusses what's behind the acquisition and how it's addressing the problem of "superfakes."
Persons: Marcus Tan Locations: Singapore
☆ From Watch Fan to Watch Strap Maker, in 2 Years
  + stars: | 2023-11-07 | by ( Vivian Morelli | ) www.nytimes.com   time to read: +1 min
Still, he has no regrets and sees the benefits of being self-taught. “Every time I failed, I’d ask myself, ‘How can I improve?’” he said. “It’s a very small circle, and word spreads fast within niche groups like this,” he said. He buys leathers directly from a tannery in Singapore or from a supplier. “Usual crafters use basic alligator and calf, but I love trying out different materials such as beaver tail, special effect lizards, stingray, sharkskin and tilapia fish.
Persons: I’d, ”, “, Chuah, —, I’ll, leathers Locations: Singapore, Paya
☆ Carousell says it's 'on track' to profitability, plans to reduce losses this year
  + stars: | 2023-09-26 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +1 min
Secondhand goods marketplace Carousell expects to "healthily" reduce its losses this year, putting it on track to profitability, the firm's CEO told CNBC. And I think in a very promising sign, we actually are going to be healthily reducing our losses this year as well," said Quek Siu Rui, co-founder and CEO of Carousell said Monday, adding that the firm is "on track" with its plan to profitability. In 2022, the Singapore-based company posted $82.5 million in revenue, a 67% jump from the year before, according to regulatory filings. The Singapore-based firm was founded in 2012 as an online classified advertisements marketplace where users can list and sell their used goods for money. Research shows that the global circular economy — which seeks to reduce waste and promote recycling and reusing — could generate $4.5 trillion in additional economic output by 2030.
Persons: Siu Rui, Carousell, Quek Organizations: CNBC, Research Locations: Singapore
☆ We'll be 'healthily reducing' our losses this year, Carousell CEO says
  + stars: | 2023-09-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll be 'healthily reducing' our losses this year, Carousell CEO saysQuek Siu Rui, CEO and co-founder of the Singapore-based online marketplace for secondhand goods, says "the best advice that we've gotten is to stay really focused on a few critical priorities."
Persons: Carousell, Quek Siu Rui, we've Locations: Singapore
☆ Millions vie for tickets to Taylor Swift's only stop in Southeast Asia
  + stars: | 2023-07-07 | by ( Xinghui Kok | Thomson Reuters | Xinghui Leads The Singapore Bureau | ) www.reuters.com   time to read: +3 min
SINGAPORE, July 7 (Reuters) - After standing in line for 36 hours, Qayyum Lukman on Friday emerged triumphant from a kiosk where he had just scored tickets to see pop sensation Taylor Swift perform in Singapore, her only stop in Southeast Asia next year. I don’t know what to think, indescribable, I’m very happy I got tickets! Indonesian Friski Riana, 31, joined virtual queues of millions of fans, even borrowing her friend's credit card to try and get tickets. [1/5]Qayyum Lukman, 25, full-time national servicemen, poses with a Taylor Swift vinyl album, as he waits first in line to buy Taylor Swift concert tickets, at a post office in Singapore July 7, 2023. Hours after the pre-sale closed, touts were marking up S$358 ($264.73) tickets to at least S$1,000 on marketplace app Carousell.
Persons: Qayyum Lukman, Taylor Swift, Swift, Lukman, I’m, ”, couldn't, Edgar Su, Friski, Thailand's, Pita Limjareonrat, Lavender, Chayut, Ananda, Kanupriya Kapoor, Simon Cameron, Moore Organizations: REUTERS, Coldplay, Business Times, Twitter, Thomson Locations: SINGAPORE, Singapore, Southeast Asia, Thailand, Malaysia, Indonesia, Vietnam, British, Jakarta, Bangkok, Manila, Kuala Lumpur, Ananda Teresia
☆ These tech giants are still making money, but layoffs are coming hard and fast
  + stars: | 2023-03-24 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +4 min
Here are some of the more prominent global tech firms that have axed staff despite earning big money. 30 despite a "dynamic environment," CEO Satya Nadella said in the tech giant's annual report. Despite that, Microsoft announced in January that it's laying off 10,000 workers as the firm braces for slower revenue growth. The enterprise software company also returned to positive operating profit growth of 2%. However, SAP announced in January that it's cutting up to 3,000 jobs, as the leadership seeks to steer the company toward double-digit profit growth in 2023.
☆ Singapore’s 15 fastest-growing jobs for 2023, according to LinkedIn
  + stars: | 2023-01-22 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +8 min
Jobs that help companies digitize and grow amid economic volatility are on the rise in Singapore, according to LinkedIn. Its latest Jobs on the Rise data revealed spikes in hiring for growth specialists, technical jobs and health-care professionals in Asia — among other jobs expected to expand hiring well into 2023. Researchers from LinkedIn examined jobs from January 2018 to July 2022 to calculate the growth rate for each job title in a specific country. Here's the full list of Singapore's jobs on the rise in 2023, according to LinkedIn:1. Machine learning engineerMost common skills: TensorFlow, Deep Learning, PyTorch Most common industries: Technology and media, manufacturing, financial services Median years of prior experience: 2.6 Remote job availability: 4.5%12.
☆ Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways
  + stars: | 2022-12-08 | by ( Sheila Chiang | ) www.cnbc.com   time to read: +4 min
Lauryn Ishak | Bloomberg | Getty ImagesMore tech startups in Southeast Asia laid off workers this year, as macro headwinds widened losses and venture capitalists pushed startups to extend their runways. Jia Jih Chai RainforestThey join Sea Group and other companies in the region in downsizing headcount. Sea Group, according to local media, laid off more than 7,000 employees over the past six months. Tech startups in Southeast Asia are still largely unprofitable, with names like Sea Group and Grab amassing billions of losses annually. Existing investors in the company are also actively advising founders to prepare for winter, Jussi Salovaara, Antler's co-founder and managing partner for Asia, told CNBC.
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