Carousell, co-founded by Quek (pic), Marcus Tan and Lucas Ngoo in Singapore, is widely credited with pioneering the 'snap, list, sell' mobile classifieds model, which allows users to list an item for sale quickly by snapping a photo of it on their phones. — SCMP
Singapore-based mobile classifieds company Carousell announced on Nov 21 that it was merging with online classifieds company 701Search in its bid to become the industry leader in South-East Asia.
The cash and equity agreement between Carousell and Telenor Group, which owned 701Search, will merge 701Search’s online marketplaces Mudah in Malaysia, Cho Tot in Vietnam and OneKyat in Myanmar with Carousell.
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