INNOVATION AT YOUR FINGERTIPS
Updated: 09/2018
Wallapop
Spain / Barcelona , Spain
Pitch
Spain's most popular second-hand marketplace merged with LetGo in 2017 in the US and has 6 million daily users and topped US$150 million in funding.
Why
Spain's second-hand demand
In 2013, half the Spanish population used second-hand goods, doubling in 9 years.
No geolocalized results
Websites didn't prioritize search results according to nearest location to each customer.
Consumers want to swop
The possibility to exchange goods is another unique selling proposition.
Market
$650 billion
The estimated size of the global second-hand goods market in 2017, accounting for 5-7% of total retail sales.
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