Wallapop could merge with Letgo
Wallapop podría fusionarse con Letgo
Intel ID : 236514
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Wallapop, a platform to buy and sell second-hand products, could be studying a possible merger with US-based Letgo, aiming to expand in the North American market, as published by TechCrunch on 11 May 2016, citing sources close to the deal. This alliance would be exclusively for the United States territory and would be controlled by Letgo, whose team and platform would be the base of operations, although the merger quota would be 50-50.
(content in spanish)
Wallapop, plataforma de compraventa de artículos de segunda mano, podría estar estudiando su fusión con el competidor estadounidense Letgo para expandirse por el mercado norteamericano, según ha publicado TechCrunch el 11 de mayo de 2016, basándose en fuentes conocedoras de la operación. Esta alianza sería exclusiva para el territorio norteamericano y estaría controlada por Letgo, cuyo equipo y plataforma serían la base de las operaciones, aunque la cuota de la fusión sería de un 50-50. |
| Intel ID | 236514 | |||
| Value | ND | |||
| Native Currency | Euro (EUR) | |||
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Financial Data - Wallapop
(31 Dec 2021) |
Revenue: EUR 59,36m People: 267 |
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40.03.05 E-Commerce Software 40 Information Technology / 40.03 Internet, Software & IT Services |
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15.05.06 E-Commerce 15 Consumer Products & Services / 15.05 Distribution & Retail |
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40.03.05 E-Commerce Software 40 Information Technology / 40.03 Internet, Software & IT Services |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.