What is Wallapop? Wallapop Review

history

Wallapop was quietly founded in 2013 by CEO Agustín Gómez, Gerard Olive (formerly of BeRepublic), and Miguel Vicente (formerly of Letsbonus).  

introduce

Wallapop is equivalent to Xianyu, which specializes in selling second-hand goods. If you have idle items that need to be sold, you can upload them to the platform. Maybe there will be buyers who need this product.

status quo

The Wallapop community has over 40 million users who have uploaded over 100,000,000 products.

Financing

Wallapop raised €1.6 million in early seed funding from Caixa Capital Risc, Bonsai Venture Capital, ESADE Ban, Antai, and media companies Grupo Godó and Grupo Zeta.

A few months later, Wallapop received €1.3 million in funding from Atresmedia as part of a "media for equity" deal.

In 2014, Accel invested 3 million euros to acquire approximately 20% of Wallapop's shares.

In 2015, Spanish newspaper LavanGuardia reported that Wallapop had completed a $40 million (€38 million) funding round.

On May 12, 2016, Wallapop was acquired by Letgo. After the merger with Wallapop, Letgo received $100 million in Series B financing.

Awards

In 2015, Wallapop won TechCrunch's Best Mobile App in Europe.