PE Hub

OfferUp and letgo to merge

OfferUp and letgo, both of which are apps that buy and sell locally, have agreed to combine their U.S. businesses. No financial terms were disclosed. OLX Group, letgo’s majority investor, will own 40 ...
Business Wire

letgo Receives $500M New Funding Commitment from Naspers

Users have sent each other over 6B messages in the startup’s app since its 2015 launch, up to 13M daily NEW YORK--(BUSINESS WIRE)--letgo, the biggest and fastest growing app to buy and sell locally, ...
Business Wire

letgo Adds Housing Listings, Expanding Biggest Marketplace of Its Kind | Business Wire

Tens of millions of people who have already downloaded letgo’s free app can easily browse and list homes, apartments and other property starting this month NEW YORK--(BUSINESS WIRE)--letgo, the ...
Nasdaq

OfferUp and letgo Combine US Marketplaces to Deliver A Better Buying and Selling Experience For More Than 20 Million Monthly Users

SEATTLE and NEW YORK, March 25, 2020 /PRNewswire/ -- OfferUp and letgo, two of America's most popular apps to buy and sell locally, have announced their intention to combine their US businesses. OLX ...
Business Wire

letgo Passes 30M Downloads & 13.2M Active Users in Just Its First Year

Sellers and messages sent on the app growing between 21% and 40% monthly NEW YORK--(BUSINESS WIRE)--letgo, the fastest growing mobile marketplace to buy and sell locally, today announced that it has ...
Business Wire

letgo Users Have Listed Almost 25M Cars for Sale Since the App’s 2015 Launch

NEW YORK--(BUSINESS WIRE)--letgo, the biggest and fastest growing app to buy and sell locally, announced that its users have listed almost 25M cars for sale since the marketplace’s 2015 launch, mostly ...
Business Wire

letgo Introduces Reveal Technology and Video Listings to Help Millions Sell Their Extra Stuff

letgo Reveal instantly displays an item’s secondhand value and more on screen NEW YORK--(BUSINESS WIRE)--letgo, the biggest and fastest growing app to buy and sell locally, today introduced letgo ...
Business Wire

letgo Hits 75M Downloads, 200M Listings & 3B Messages in First Two Years

Secondhand marketplace is one of the fastest growing apps in America & the largest of its kind NEW YORK--(BUSINESS WIRE)--letgo, the largest and fastest growing app to buy and sell locally, revealed ...
Business Wire

letgo Raises $175M as Top Mobile Marketplace Nears $23B in Annual Transactions

NEW YORK--(BUSINESS WIRE)--letgo, the fastest growing mobile marketplace to buy and sell locally, today announced $175M in new funding from Naspers, Accel, Insight Venture Partners, New Enterprise ...
GeekWire

OfferUp and Letgo combine used goods marketplaces into one app following acquisition

GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory. by Taylor Soper on Aug 31, 2020 at ...
Business Wire

Google Names letgo Among the “Best Apps of 2016”

NEW YORK--(BUSINESS WIRE)--letgo, the fastest growing mobile marketplace to buy and sell locally, was named one of the “Best Apps of 2016” by Google this month. letgo, which is free to use, was among ...