Letgo news and trends

OfferUp, letgo To Merge As Biz Nets $120M In VC Funds
Acquiring // March 25, 2020

OfferUp has been winning recently, closing out a $120 million funding round and acquiring its top competitor, letgo, according to a blog post on the company’s website. The funding round ended with support from leader OLX Group as well as previous OfferUp investors, including Andreessen...

letgo CEO: How AI Helps Reinvent The Secondhand Marketplace
Artificial Intelligence // August 17, 2018

It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it.  But make the decision and letgo helps people, well, let go.  CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives...

letgo Lands $500M In New Capital From Naspers
Investments // August 09, 2018

letgo, the app to buy and sell locally, announced Wednesday (Aug. 8) that Naspers invested $500 million of new capital into the company. According to a press release, $150 million was already invested in letgo earlier in the summer. The company said that Naspers invested...

Play Ball: Secondhand Sports Gear Has Its Own Marketplace Now
Retail // May 04, 2018

Buying secondhand sports gear isn’t as easy as it sounds. Neither is selling the kids’ old hockey skates or baseball bats. It may seem like perfect material for eBay, Craigslist, letgo or Facebook Marketplace, but according to SidelineSwap Co-Founder and CEO Brendan Candon, that can be...

Interviews & Exclusives
letgo CEO: How AI Helps Reinvent The Secondhand Marketplace

August 17, 2018
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it.  But make the decision and letgo helps people, well, let go.  CEO Alec Oxenford tells PYMNTS how AI – specifically auto recognition tech – helps match buyers and sellers, and gives a peek at how it might spend some of the $500 million in funding it just raised.  

Quick Reads
OfferUp Merges With letgo, Combines Marketplace Apps

August 31, 2020
Recommerce marketplace OfferUp has integrated with similar app letgo and will combine its app with the letgo app for a new marketplace promising an increased amount of deals and more access to buyers and sellers, according to a press release emailed to PYMNTS. Combining apps also means that all users have access to shipping companies like […]

OfferUp, letgo To Merge As Biz Nets $120M In VC Funds

March 25, 2020
OfferUp has been winning recently, closing out a $120 million funding round and acquiring its top competitor, letgo, according to a blog post on the company’s website. The funding round...

letgo Lands $500M In New Capital From Naspers

August 09, 2018
letgo, the app to buy and sell locally, announced Wednesday (Aug. 8) that Naspers invested $500 million of new capital into the company. According to a press release, $150 million...

Letgo Takes On Facebook Marketplace And OfferUp

January 23, 2018
The app letgo, which enables users to buy and sell locally, announced Monday (Jan. 22) that it is getting into the housing market. In a press release, the startup said...