Chitchat my uncle cannot answer this simple question

sweetiepie

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This simple question has been asked by several people but noone knows the answer.
How does Carousell make money ?
Those who say through ads is wrong as carousell does not have any ads.
Yet they can move their office to high class Keppel tower.
I am disappointed with my uncle for not able to answer.
 
they squeeze a juicy cut out of your used panties that are for sale.

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some say they sell user data. but how much can sinkie data worth and who want to keep buying data for fuck :rolleyes:
 
It is no taking any revenue yet. Like most start-ups they are using funds raised thru investors, venture funds etc who have taken a bet. Its their app and the continuous development of it that has legs and where the IP sits.

Once they have numbers, it’s paid apps like Google and FB or it could a txs fee. Or it could be the sale of their business (their app mainly) to a rival or a entity that needs to complement their business.

Selling data of traffic is usually incremental income for an outfit like that.
 
It is no taking any revenue yet. Like most start-ups they are using funds raised thru investors, venture funds etc who have taken a bet. Its their app and the continuous development of it that has legs and where the IP sits.

Once they have numbers, it’s paid apps like Google and FB or it could a txs fee. Or it could be the sale of their business (their app mainly) to a rival or a entity that needs to complement their business.

Selling data of traffic is usually incremental income for an outfit like that.
my uncle say thank you for answering this simple yet not simple question.
they already been 5 years no revenue and yet can expand to other countries with hundreds of employees. And recently can upgrade to keppel office.
The investors really see them very promising.
 
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