Quek Siu Rui, founder and chief executive officer of Carousell, which operates in seven markets including Singapore, Hong Kong and Australia, and is one of the region's most popular virtual flea markets. Photo: Bloomberg

A 26-year-old Singaporean geek turned down US$100m for his app. It was a great call

Quek Siu Rui’s app for selling used goods, Carousell, is now valued at US$500m, but he says the firm is ‘less than one per cent done’

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Quek Siu Rui, founder and chief executive officer of Carousell, which operates in seven markets including Singapore, Hong Kong and Australia, and is one of the region's most popular virtual flea markets. Photo: Bloomberg
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