Carousell, one of the world’s largest and fastest growing classifieds, today announced the appointment of Lewis Ng as Chief Commercial Officer. Lewis will be responsible for all commercial relationships, including high-value verticals, advertising sales and go-to-market partnerships. Lewis will also oversee the transformation of Carousell into a premium publisher by bolstering value-added services and premium products for clients.
“We are at a stage with strong potential to scale. Currently, 1 in 4 Singaporeans use Carousell monthly, and with rapid growth regionally, it is imperative that we continue to attract top talents that would elevate our positioning and growth. With his extensive understanding of the classified space and business verticals, Lewis has displayed a solid record of growing robust revenue streams and executing high-impact business solutions,” said Siu Rui Quek, Carousell Co-founder and CEO. “There is a significant and growing market for high-value verticals such as Cars and Property, and we look forward to leveraging Lewis’ experience in these areas that pave way to achieve greater success across Southeast Asia.”
Lewis’ role has been added in response to the increasing demand for business solutions and growth within the company and follows further high profile hires, including the addition of Su Lin Tan as Vice President of Operations.
Previously Chief Business Officer at PropertyGuru and Commercial Director, APAC at TripAdvisor, Lewis brings over eighteen years of commercial and leadership experience in driving revenue growth across regional markets. Lewis was said to be instrumental in the leading property site’s continued double-digit revenue growth for three consecutive years, spanning roles in Marketing and Client Retention. At TripAdvisor, he was the Commercial Director for the APAC region and one of the first employees in Singapore, where he drove the brand’s revenue growth by triple digits in a period of three and a half years.
Lewis has led key regional and in-market functions to deliver value to customers and partners, and will be leading the overall commercial strategy at Carousell as Chief Commercial Officer. Lewis will be overseeing the Sales and Business Development functions in Carousell and he reports to Co-founder and CEO, Siu Rui Quek.
“I am excited to join one of the biggest and fastest growing start-ups in Singapore. I really admire how fast and steadily the visionary founding team has grown the business in such a short amount of time, and I’m delighted to be able to contribute to the ongoing success of Carousell. With my experience and expertise, I am looking forward to creating efficient operations and models to help Carousell reach its fullest potential,” said Lewis.
Carousell is a classifieds marketplace that makes selling as easy as taking a photo, buying as simple as chatting. Launched in August 2012, Carousell began in Singapore and now has a presence in seven markets across Asia. With over 200 million listings, we are one of the world’s largest and fastest growing marketplaces in Southeast Asia, Taiwan and Hong Kong, and is backed by Rakuten Ventures, Sequoia Capital, Naspers, 500 Startups, Golden Gate Ventures, DBS and EDBI. The Carousell marketplace has a diverse range of products across a variety of categories, including cars, lifestyle, gadgets and fashion accessories. Download the app for iOS or Android, and visit www.carousell.com for more information.
In April 2022, Tesla CEO Elon Musk offered to buy Twitter, and one of the top tasks on his agenda is slashing jobs to cut costs. Netflix, too, has been laying off employees to cut costs after losing over 200,000 subscribers.