Tag: OfferUp


LetGo closing ‘in one small country’

LetGo closing ‘in one small country’

We got wind of a notice posted on a French news feed the other day that c-to-c classifieds app LetGo was closing. “LetGo will close soon! “Finalize your sales before the app closes for good in two weeks,” it read. We didn’t believe it – and the real story turns out to be mini-news. LetGo’s not going away. “As you know, LetGo operates in several...

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Stuff app LetGo joins the “unicorn club”

Stuff app LetGo joins the “unicorn club”

General classifieds app LetGo has been valued at $1 billion U.S., making it the newest member of the “unicorn club” as it closes the gap between it and main U.S. rival OfferUp. (Also see CNBC’s take on it.) Two years after its launch, LetGo now claims downloads of its app have more than doubled in the past year, while users have posted over 200 million...

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OfferUp to quadruple its office space

OfferUp to quadruple its office space

What do you do with $130 million? In the case of general classified app OfferUp, which raised that amount in its most recent financing round: quadruple the size of your office. OfferUp has signed a new lease for 71,000 square feet in Bellevue, Wash. The space is next door to its current 17,000 square foot office. The company will move to the new space in...

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Many users compromised, when Mercari causes leak

Many users compromised, when Mercari causes leak

Mercari, a c-to-c used-goods marketplace based in Japan, announced some good and some bad news today. Firstly, the bad news: The site apologized for a leak of personal information of registered customers of the site. The good news: Facebook’s ex-linchpin John Lagerling joined Mercari as chief business officer. Although the site’s tech buffs managed to plug the leak of personal information of users within seven hours...

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