Letgo Turkey recently advertised a string of new positions, from a telesales manager to a digital marketing manager. With the suspicion that something was brewing, the AIM Group chatted to country director Onur Kavak to ask about the company's plans for 2018.
In Turkey, competition between the country's leading real estate verticals seems to be intensifying. While Hurriyetemlak.com, Zingat.com, and Emlakjet.com regularly compete for online and outdoor advertising space, they've recently taken their fight to television.
Horizontal marketplace Letgo has launched a real estate vertical in Turkey, just eight months after entering the second-hand auto market.
In a significant expansion of functionality, Facebook now allows advertisers to pay for listings in Marketplace - as long as they're in News Feed too.
Spainish marketplace app Wallapop lost €62 million in 2015, according to digital business news site Kippel01. The report, by Kippel01 director Amelia Pijuán, offers a rare glimpse into the finances of the company, which has consistently refused to discuss financial matters.
In an interview this week, Martin Scheepbouwer, CEO of OLX Group, said there's a movement toward temporary ownership of stuff and his eyes are on technologies that facilitate this.
Classifieds app LetGo now includes real estate listings in the U.S. It’s the first time the startup has extended its categories beyond used stuff, and the move positions it as a stronger competitor to Craigslist and Facebook Marketplace.
LetGo is shutting down in a "small country," but its spokesman won't identify the country. Its operations in other countries are not affected.
Will LetGo and OfferUp, two major general-classified apps in the U.S., merge? Recode, the technology news web site, reports discussions were held earlier this year but LetGo says there are no discussion under way now for a merger.
At the Naspers Investor Day yesterday, Martin Scheepbouwer, OLX Group CEO, talked LetGo, Facebook Marketplace and the biggest trend he sees in classifieds.