What is Wallapop? Wallapop Review, Features

Wallapop is a second-hand marketplace mobile app that allows users to display pictures of their items and sell them locally.

About Wallapop

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

Wallapop is equivalent to Xianyu in China, specializing in buying and 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.

As of March 2019, the Wallapop official website shows that the Wallapop community has more than 40 million users who have uploaded more than 100 million products.

Development History

-In June 2013, Fleapster was born, the first version of Wallapop.

- In September 2013, Fleapster changed its name to Wallapop. Wallapop subsequently 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.

-In 2014, Wallapop launched its first TV commercial.

- In 2015, Wallapop's revenue in Spain increased by $10 million.

-In 2015, Spanish newspaper LavanGuardia reported that Wallapop had completed a round of financing of $40 million (about 38 million euros).

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

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