Carousell: Could this be Southeast Asia’s next $1 billion start-up?

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Carousell: Could this be Southeast Asia’s next $1 billion start-up? | CNBC Make It

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Күн бұрын

CNBC Make It’s Karen Gilchrist explores how three 30-somethings are using Artificial Intelligence to fuel the rapid growth of their online marketplace, Carousell.
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Пікірлер: 356

@avdeshalvaraz7721 4 жыл бұрын

CNBC international is best channel on KZfaq if you wanna know about economic development of Asia.

@timcrawford760 4 жыл бұрын

100% right.

@hansonkewl2377 4 жыл бұрын

I was hoping Tech in Asia or SCMP would heave filled the void but guess not.

@irritatedanglosaxon1705 4 жыл бұрын

U god damn right, out of politics, and nasty democracy and human rights from anglosaxon falling companies

@ubercoolnamehere 4 жыл бұрын

Tech in Asia covers significantly more but it's in written form

@vinny4149 4 жыл бұрын

You just as stupid as the show

@AdityaSingh-oe7bz 4 жыл бұрын

after WeWork fiasco.. I have stopped taking valuation seriously

@renzhizilong486357 4 жыл бұрын

Do you remember Dotcom bubble? Companies like Amazon and Google grew out of the Dotcom bubble. Because the market revamp, which is just like the so called tech start ups venture capital right now, it gave Amazon and Google the opportunities to grow.

@aliefr2984 4 жыл бұрын

You believe wework ? Real estate company with many dept in near recession ? ( worst time for real estate )

@BerylWalubengoAnyitiNanyama 4 жыл бұрын

True.

@AlfoncinaMatilda 4 жыл бұрын

How can we... Make some profit

@dzikrinasaira3475 4 жыл бұрын

@@timetimetime3985 yeah, well said

@chowyipyip4384 4 жыл бұрын

SHE SOUNDS LIKE THE GOOGLE ASSISTANT VOICE ACTOR

@okito_gwk 4 жыл бұрын

HE SOUNDS LIKE THE SIRI ASSISTANT VOICE ACTOR TOO!

@2drealms196 4 жыл бұрын

I wonder if Siri is so important at Apple that she has her own personal assistant.

@stomiball889 4 жыл бұрын

😂😂😂

@NoName-vl5gr 4 жыл бұрын

Its been 7 years. It's not a start up anymore. Its a business. That was misleading. A startup is 1 or 2 years old. 7 years ago the ecommerce wasn't this big.

@lessQQmorePewPew. 4 жыл бұрын

It is a name companies use as a shield for loss-making ventures

@abhishanu1 2 жыл бұрын

cycle of RnD increased to 10 years

@ruzzelladrian907 4 жыл бұрын

Her voice is soooo beautiful.

@arifindobson 4 жыл бұрын

"To create a lifestyle in the world where second hand is the first choice." That I can agree to be the seed (pitch) of the next $1Bill. Pretty great vision! Goodluck!

@s4sunshine01 2 жыл бұрын

same applies to dating second hand.

@windskm 4 жыл бұрын

"Inspire people to start selling and buying" Lol

@guitistic 4 жыл бұрын

Typical "tech ceo" speech.

@tma2444 4 жыл бұрын

Lol....

@Enyonam214 4 жыл бұрын

Deep🤣

@manoloblanco5240 4 жыл бұрын

@@guitistic How would you have said it?

@guitistic 4 жыл бұрын

@@manoloblanco5240 towards the lines of "to make it simpler and easier for people to buy and sell things on the internet". He is the typical "make the world a better place" type of speaker. I don't dislike that but it's cringe af.

@MohanadKhuraishi 4 жыл бұрын

He wants to create a world where second hand is the first choice!! I love that

@coolferds06 4 жыл бұрын

I am using Carousell and it's really good. I sold a lot of items with no charges on me.

@IIIIALBYIIII 4 жыл бұрын

Carousel: we be the new biggest e commerice. Ebay: hold my beer

@thebasketballhistorian3291 4 жыл бұрын

eBay isn't new or the biggest ecommerce site.

@vijayhemanth1500 4 жыл бұрын

Ebay declined

@akshays6872 4 жыл бұрын

Has anyone seen Silicon Valley....I am getting those vibes from this startup

@saulgoodman2018 4 жыл бұрын

hot dog or not

@B8R8 4 жыл бұрын

Akshay S buddy you’re not alone!

@cucaracha6365 4 жыл бұрын

I eat da fish

@wdai03 4 жыл бұрын

@@cucaracha6365 shut up jin yang

@jajalshadow 4 жыл бұрын

seems alot of haters.let me explain. carousell is a lifesaver for my business during this covid19. majority of singaporean has done deals on carousell.

@moizahmad6025 4 жыл бұрын

My first business success was through Carousell I started selling and buying and made money and it’s a great app so thank you Carousell

@vonara165 4 жыл бұрын

In India this is happening 10s of years ago on website like OLX , car becho etc etc.

@ganeshkumar269 4 жыл бұрын

In US it has been happening 20 years ago.

@russellfernandez57 4 жыл бұрын

They're clunky at best if you ask me

@rohitroll2119 4 жыл бұрын

@Anil Bhadke India is the poorest in all of south and south east Asia.

@balakrishnarao5625 4 жыл бұрын

Cashify in india is similar

@rohitroll2119 4 жыл бұрын

@@shantanukulkarni007 India- 7k, Thiland - 8k, Indonesia- 11k and Singapore 90k. idk how you do maths, but this does not mean "richest"

@eastern2western 4 жыл бұрын

I thought it was called Ebay, craigslist, Alibaba, aliexpress or amazon.

@dert4291 4 жыл бұрын

exactly. Alibaba at least based on my knowledge, does everything but price recommendation, which is not the hardest part technically

@JJs_playground 4 жыл бұрын

And Kijiji. How is this app any different?

@tigerbomb1996 4 жыл бұрын

Jellybean 2 true

@vinny4149 4 жыл бұрын

@Jellybean 2 yes it is. Search it

@kanzai12 4 жыл бұрын

@Jellybean 2 , true! most that item 'lock up' only in N America n Europe.. at least for ebay, its way more open

@martinahmad2260 4 жыл бұрын

Tokopedia first Decacorn $10bilion in Southeast Asia. Gojek Decacorn $10bilion in Southeast Asia

@martinahmad2260 4 жыл бұрын

sbtopjosh let see TOGETHER with 280 million people Indonesia

@paulbrooks5612 4 жыл бұрын

There’s nothing separating this from everything else. And for that reason, I’m out.

@the_number_one 4 жыл бұрын

AI suggests the price. You are wrong

@davidasingleton8943 4 жыл бұрын

#SHARKTANK

@KarthikUnnithan 4 жыл бұрын

Looking forward to see Carousell to be one of the Southeast Asia’s next $1 billion start-up

@martinahmad2260 4 жыл бұрын

Karthik Unnithan looking indonesia Tokopedia the first decacorn in Southeast Asia $10bilion

@AdityaSingh-oe7bz 4 жыл бұрын

@@martinahmad2260 lol.. grab is already one

@younghans2328 4 жыл бұрын

i sold my car using this app, have noo idea this kinda of App could worth this much!

@charlessy2949 4 жыл бұрын

So many haters in these comments, even if the concept isn’t 100% unique, what matters is the product is useful and is helping people’s lives - think it’s easy to have a $550 mil valuation why don’t you guys try :)

@tzwacdastag8223 4 жыл бұрын

Feed me with more of your VIDEOS

@userlks 4 жыл бұрын

Great video but please use a camera stabiliser if possible. The footage is semi shaky and doesnt contribute to the best viewing experience. Nevertheless, keep up the good work!

@jonasboardwalker 4 жыл бұрын

They say it’s AI, but in fact thousands of Chinese get the photos of items and manually suggest the price and name for those items😂

@the_number_one 4 жыл бұрын

Liar. Gtfo

@jayveealmero3151 4 жыл бұрын

True

@SuccessforLifester 4 жыл бұрын

I used to use eBay to list my items to sell. But then the security checks for login becomes ridiculously tedious. And I think something happened to my account as I didn't use it for a long time. The con of using Carousel is that the market is quite local

@alexandershepherd4990 4 жыл бұрын

I doubt it: Carosell is rubbish; missing loads of vital stuff.

@Vernardo 4 жыл бұрын

Not everything can be kept.

@alexandershepherd4990 4 жыл бұрын

@@Vernardo I don't really understand that comment

@Vernardo 4 жыл бұрын

@@alexandershepherd4990 what I mean is that not everything on the platform was meant to be look the same way!

@rinopw4262 4 жыл бұрын

Amazing they can even tell you how much you should sell

@siddhantkhorjuvekar 4 жыл бұрын

It is called olx in India.

@arunkumarteradal8271 4 жыл бұрын

Olx is available in 40+ countries

@otomackena7610 4 жыл бұрын

@Pranta Biswas Quikr is tho

@aliefr2984 4 жыл бұрын

Why indian always overproud ?

@otomackena7610 4 жыл бұрын

@@aliefr2984 because its a developing country which rarely had anything due to socialist policy since the 90's it has grown and now the rise of startup since 2012's

@aliefr2984 4 жыл бұрын

@That Sports Guy because indian always add something from their country thinking anyone can understand. Also clearly olx is not from india, how can someone be that stupid

@mantusingh6158 4 жыл бұрын

Thanks for introducing

@hitsongsa 4 жыл бұрын

Ebay does the same thing :$

@lujiang2390 4 жыл бұрын

Selling or buying is not so much the issue. Its not getting robbed or killed selling or buying from strangers

@BerylWalubengoAnyitiNanyama 4 жыл бұрын

I don't know why people don't like to hear the truth. We like hearing people raising funds. Valuations after We work changed the game

@LightBluly 4 жыл бұрын

They have change a lot since i registered 3 years ago. Not bad i would say. For Americans out there, this website is like Craigslist but Singapore version.

@HarshitSharma-gs6ew 4 жыл бұрын

because of olx why would i install it?

@homeunboxing3492 4 жыл бұрын

carousell very popular in PH, sold more item here. 😊

@JAVIescapes 4 жыл бұрын

ph? phillippines?

@leehyunsong7001 4 жыл бұрын

The app is useful and easy to use but i do not know if they can make it profitable. I hope they can make it thru. Well done.

@meloon5876 4 жыл бұрын

So true for me; 2nd hand should be 1st choice. Thats being prudent with your hard earn money.

@versacepockets 4 жыл бұрын

This isn't innovating, just another bubble in the making.

@Vernardo 4 жыл бұрын

Well not all startups was similar to the others!

@hazelnuts23 4 жыл бұрын

Living in SEA, carousell is really good. Managed to sell my stuff less than a day because I put the suggested price before publish it

@erriwibowo 4 жыл бұрын

Never heard carousel.... Maybe just for Singaporean.

@duke2474 4 жыл бұрын

Exactly I Wil come up with something revolutionary than this

@naynyamish270 4 жыл бұрын

You all fools, this is all marketing, they paid nbc to interview them

@violian5 3 жыл бұрын

So revolutionary - the part where it suggests pricing, etc. Because it's everything that eBay has already been doing for years.

@adityaXsingh 4 жыл бұрын

The anchor talks and listens like a Robot.

@saleh.hashmi 4 жыл бұрын

lol That's what I wanted to say... SKINNY SCARY ROBOT...

@universeofopulence 4 жыл бұрын

Haahaahaa...🤖🤖🤖 She seems to be doing this for the heck of it...just an other mundane story...

@jelloace3097 4 жыл бұрын

OLX has been integrated to Carousell. Either they bought it or transformed it as Carousell. Not sure. But should it still be considered start-up?

@vinny4149 4 жыл бұрын

Since I seen this on CNBC. I dont trust it already

@ramirenriquez6795 4 жыл бұрын

I like his outlook

@SuperBoytech 4 жыл бұрын

Olx had a simpler and better platform if your intent is to look for products.. And Facebook Marketplace is miles ahead with their platform..

@syedarman4720 4 жыл бұрын

There will be a lot of scammers too so he must do something to tackle them

@bishal_k_roy 4 жыл бұрын

This host seems new in this job 😄

@androiduser3694 4 жыл бұрын

Ebay? LoL No need to mention Ebay.

@minoriruba1828 4 жыл бұрын

Here in my country my parents will never allow me be a business major!! They're like you can always get a business degrees after you finish your Engineering degree!!!

@willinton06 4 жыл бұрын

This unicorn shit is getting out of hand, they’ll end up as another we work

@AmosDomingo 4 жыл бұрын

Proud Carouseller here!

@LonganLee 4 жыл бұрын

But being a software or program or app, anyone can replicate it. It's competitive advantage is it is now well funded

@LonganLee 4 жыл бұрын

Anyone can write an app like carousell

@pranavkumar236 4 жыл бұрын

the fuck..they just used some logistic regression and becoming a billion dollar start up. It should be a feature not an app

@IReapZz95 4 жыл бұрын

these guys are cool but they should put ridesharing companies as an example for how the world is changing because it doesn't drive a very good parallel to their business, considering none of the ridesharing companies are profitable

@bipop5000 4 жыл бұрын

Where is Mashayoshi San? This sounds like right up his alley, you know a venture of a life time (😂)

@darkjabz 4 жыл бұрын

proud to see a SG startup

@AriVovp 4 жыл бұрын

There's lots of website and app just like this.

@officialhuskyharris 4 жыл бұрын

That can tell u what ur item is, what it's worth, and sell it for u? Just by taking a photo of it? Which apps do this already?

@avijeet1670 4 жыл бұрын

@@officialhuskyharris lol carousel has just started doing this

@officialhuskyharris 4 жыл бұрын

@@avijeet1670 so it doesn't do it yet? Sorry, first time I hear about this company. Didn't know it was an established thing already. So what does Carousel do right now?

@AriVovp 4 жыл бұрын

@@officialhuskyharris you just put a lowest price listed online and the highest price listed online and tell people that is how much it is worth and call it a billion dollar venture? it just a normal feature. try FB marketplace, will ya?

@scapolo77 4 жыл бұрын

Old news, it is already on many websites

@rjyoungling220 4 жыл бұрын

Mobile, local, social, AI... It's like a Silicon Valley episode. 'We're SoLoMoAI' xD.. A concatenation of buzzwords. That being said, sounds solid. Good on them.

@zsbeginadventure4110 4 жыл бұрын

This is an advertisement. Nobody fall for it. Seen this type of video many times LOL 😑

@dzikrinasaira3475 4 жыл бұрын

And also its been 7 years so its not a startup anymore, its become an established bussiness. So that was a misleading

@wdai03 4 жыл бұрын

I feel like all these businesses are overhyped. I don't think second hand markets are really worth that much. Its old cheap goods, how much money can you really get out of it. They don't once mention profit

@AhmedBalfaqih 4 жыл бұрын

At the end of the day is how much money are making. It has been 7 years, if they have yet to make money (profit), they won’t go far. There is so many competitors in the region. And I have used most of them. The one I use more is Lazada.

@jeffdamicog1105 4 жыл бұрын

So olx was bought by carousell in the philippines. But the recurring problems persist despite the repeated name change: the selling of stolen items and scammers. It wont get off if the problems wont be solved

@ByahewithPaa 4 жыл бұрын

I like the old olx of the Philippines more simple to use

@user-jq6qf4xg8c 4 жыл бұрын

Sulit.com was way better

@muhammadakmal2421 4 жыл бұрын

I personally Don't think this is the One

@thecoder7188 4 жыл бұрын

Damn the reporter is so skinny

@oppaipp4231 4 жыл бұрын

The dude be making money Meanwhile ppl in carousell be lowballing you

@POVOwnmind-qy9zx 4 жыл бұрын

My colleague’s Friend was scammed to pay a deposit for an iPhone and the seller thereafter disappeared. Hope he makes a police report to have the scammer arrested.

@Vernardo 4 жыл бұрын

Well, other online platform also have scammers all over the place. Don't say there was scammers in one platform!

@theinternet6767 4 жыл бұрын

Carousel is terrible lol. I've tried it

@emmarose7491 4 жыл бұрын

gabe ford The buyers there are EXTREME hagglers.

@CarsSupercars 4 жыл бұрын

OLX of Singapore

@zekekace6882 4 жыл бұрын

More decorated version of Craigslist. Every country have their own buying and selling platforms.

@Shirley159z 4 жыл бұрын

Well,, the next unicorn in Southeast Asia is OVO which reached the status like only 2 days ago. And personally, I don't like carousell since there are a lot of scammers there, so for anyone who wants to use this platform for the first time, please be careful..

@ki6eki 4 жыл бұрын

So many people trying to create a marketplace: Mercari, letgo, depop, stockx, goat, eBay, Facebook marketplace, etc... I predict there will be more in the future cause VCs need a place to put their money

@sivaajay2353 4 жыл бұрын

In India there are so many Sites like this, I wonder how Carousel will survive in global market but I appreciate their effort though.

@phoenix5054 4 жыл бұрын

No. Facebook market is way better than Carousell.

@bukowski4320 4 жыл бұрын

Can anyone discover a completely new idea instead of ‘observe, copy, and modified’ method.

@JohnLee-fr6pi 4 жыл бұрын

I don't care about their fucking funding. WHAT ARE SALES??? WHAT IS PROFIT??? WHAT IS CASH FLOW???

@anticeon 4 жыл бұрын

So many scammer in this platform.

@Vernardo 4 жыл бұрын

Well, looks like someone was respond with this situations, similar to other shopping platform.

@the_number_one 4 жыл бұрын

AI can catch them

@Nedwin 4 жыл бұрын

Caroussel would be a new giant in the continent.

@chansaicommerce1721 4 жыл бұрын

AWESOME

@HeyHS 4 жыл бұрын

Cool and charismatic guy.

@beastfromtheeast9318 4 жыл бұрын

What’s the ticker symbol for this company?

@joshn2342323 4 жыл бұрын

It has potential as long as the fees are reasonable and they can prevent excessive fraud in the app. Both ebay and amazon are extremely expensive platforms to sell on.

@estebanazcarragasada9386 3 жыл бұрын

Great!

@nithinrocks2826 4 жыл бұрын

Why hppnd to olx.....

@universeofopulence 4 жыл бұрын

This company bought them..

@tutorialtricks6046 4 жыл бұрын

Awesome video. I really like Karen Gilchrist 🥰😎

@rickc.3552 4 жыл бұрын

I remember when this was called eBay.

@anselong6272 4 жыл бұрын

How does carousell earn money😶?

@nolramonairam3098 4 жыл бұрын

They have adds in the app and paid ads on the list of products selling on the app ex.mobile phones,clothing, consumer electronics,pc and latops etc.

@ultrawan88v2 4 жыл бұрын

Remember WeWork....

@PissMenn 4 жыл бұрын

OVO from Indonesia is the newest Southeast Asia Unicorn Startup they recently got valued above $2 billion, Carousel is just another annoying app who popping up as ads.

@realvaibhavpalsingh 4 жыл бұрын

Hey,CNBC Do Video India's New Billion Dollar company , ' Udaan' b2b ecommerce marketplace.

@darryl5360 4 жыл бұрын

Carousell interface is so much better then ebay

@vysakhharitharsion3474 4 жыл бұрын

Olx already does that in india

@codylim1 24 күн бұрын

Finished watching 6:31

@user-ml4kg7gx4p 4 жыл бұрын

عالی و خوب

@mashirosasha1299 4 жыл бұрын

Asia number 1

@pranavkumar236 4 жыл бұрын

gosh the business people are so dumb in tech, they get hard on if the company has AI in the description and media will report it. they just used some APIs to get different product informations and performed a logistic classification and BAM you had your 1 billion dollar company. It's like a side project that UG students build 🤦