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Wallapop

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Wallapop
Company typePrivate
IndustryContract of sale
FoundedBarcelona, Spain in 2014; 10 years ago (2014)
FounderMiguel Vicente, Agustín Gómez, Gerard Olivé
HeadquartersSpain
Websitewallapop.com

Wallapop is a Spanish company founded in 2014 used to exchange used goods, similar to Craigslist as a classified listings website. The marketplace primarily is accessed via mobile app.

In 2014 it signed a commercial agreement with Atresmedia. In 2015 it was cited as the startup company with the highest revenues in Spain with $1b of transactions completed using the app.

In May 2016, the company was merged with Letgo but continues to trade under the Wallapop brand.

Large venture capital investors include Mangrove Capital, Northzone, and Eight Roads Ventures.

References

  1. Rodríguez, Oriol (April 9, 2018). "Agustín Gómez, CEO de Wallapop: "Cuando empezamos creíamos que íbamos a ser unos losers"".
  2. "Wallapop, la historia de una startup Española de éxito". Cegos Online University (in Spanish). Retrieved 14 February 2019.
  3. Rodríguez, Ana (3 May 2016). "La historia detrás de la app: Wallapop". Hipertextual (in Spanish). Retrieved 7 September 2017.
  4. Elías, María (4 October 2015). "Wallapop, la startup española que pasó de una habitación 'cutre' a querer competir con eBay en EEUU". Voz Populi (in Spanish). Retrieved 7 September 2017.
  5. Lunden, Ingrid; Lomas, Natasha (10 May 2016). "Wallapop and LetGo, two Craigslist rivals, merge to take on the U.S. market, raise $100M more". TechCrunch. Retrieved 18 June 2016.
  6. Butcher, Mike (19 August 2017). "Mangrove raises $170M for its new fund to invest in Europe and Israeli startups". TechCrunch. Retrieved 28 May 2021. investments include ... Wallapop, Kang and Happify.
  7. Lunden, Ingrid (24 February 2021). "Spain's Wallapop raises $191M at an $840M valuation for its classifieds marketplace". TechCrunch. Retrieved 28 May 2021.
  8. Butcher, Mike (20 August 2015). "Fidelity Growth Partners Becomes Eight Roads Ventures, Announces New £150M Fund". TechCrunch. Retrieved 28 May 2021. Interestingly, Eight Roads Ventures has also invested in Wallapop, the runaway mobile classifieds app startup out of Barcelona.

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