Mobile marketplace OfferUp has announced it's joined forces with Giant Eagle Inc. to add 91 supermarket locations in the northeast to its network of secure places for users to meet and exchange items. The AIM Group pioneered the SafeTradeStations project, encouraging web buyers and sellers to make their transactions at law enforcement offices.
OfferUp has named seasoned financial executive Rodrigo Brumana as its new chief financial officer. Brumana's experience includes helping RetailMeNot with its initial public offering in 2013 when he served as its vice president of finance.
It only took a few days for the other shoe to drop. After last week’s blockbuster announcement, OfferUp says it's seeking $150 million in new financing.
LetGo has received a big infusion of cash in its ongoing battle to beat Craigslist as the leading horizontal classified product in the U.S.
Seattle-based OfferUp, a popular app for trading second-hand goods, has launched OfferUp Autos to focus on the needs of used car buyers, sellers and dealers.
The AIM Group and OfferUp have launched SafeTradeSpots.com, a new site listing more than 1,300 locations throughout the U.S. where buyers and sellers can conduct in-person transactions monitored by law enforcement.
What do you do when your main competitor announces it has 40 times more users? Find a differentiator … and fast.
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.
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.