Lunch With Sumiko

Singapore's cashback kings: ShopBack founders paid themselves $1,500 a month for 3 years

For the first three years after Henry Chan and Joel Leong founded ShopBack, they paid themselves $1,500 a month. Their cashback shopping app is now in 10 markets, Executive Editor Sumiko Tan finds out.

SPH Brightcove Video
Henry Chan and Joel Leong came up with ShopBack in 2014, an app that gives cashbacks to customers and brings new customers to retailers.
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Shopping can earn you money. And in Henry Chan's case, we are talking $18,698 in cold, hard cash.

That's the amount of "lifetime earnings" he has chalked up so far on ShopBack, the shopping platform he started with his friend Joel Leong.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's WhatsApp Channel and get the latest news and must-reads.