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Carousell co-founder Lucas Ngoo steps down, citing 'personal decision'

Nicole Lim and Jovi Ho
Nicole Lim and Jovi Ho • 2 min read
Carousell co-founder Lucas Ngoo steps down, citing 'personal decision'
From left: Carousell founders Quek Siu Rui, Marcus Tan and Lucas Ngoo. Ngoo stepped down as the company’s chief technology officer in 2019. Photo: Carousell
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Carousell co-founder Lucas Ngoo will step back from the day-to-day management of the company by the end of the month. In a Feb 15 LinkedIn post, Ngoo says he has made a “personal decision” to take a break.

Ngoo adds that he “continue[s] to have full vested interests in the success of Carousell as co-founder, board director and shareholder”. He will also serve as advisor, “whenever needed”.

“I am grateful for all the support over the past decade, especially to our user community for supporting us to choose secondhand, and sharing your inspiring stories and feedback to help us continually improve,” says Ngoo in his post. “This is just the start of our second decade of Carousell, and there is more to come. Please continue to lend your support to our CarouTeam, as I will.”

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