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OfferUp's employee numbers have also experienced rapid growth, starting at 11 employees in 2015, growing to 67 in 2015, and 218 employees in January 2018. [14] On March 25, 2020, OfferUp announced they were acquiring rival Letgo. [26] led by Letgo owner OLX Group. The Letgo app in the United States was merged into the OfferUp app on August 31 ...
More than two-thirds (68%) of U.S. shoppers plan to set aside part of their holiday budgets for pre-owned items, according to a new survey from mobile marketplace OfferUp.
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The company raised US$100 million in 2015, [6] one of the five largest first rounds of venture capital financing since 2008. [15] Following a merger in May 2016 with Wallapop, a competitor with a reported valuation of about $570 million, the company raised an additional $100 million. [10]
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In 2019, Nextdoor acquired Hoodlines, a local news site. [22] Later that year, HuffPost and Wired reported that Nextdoor paid a firm to improve its reputation by lobbying for changes to the Wikipedia articles on Nextdoor, NBC, and several other corporations. [23] [24] In November 2021, Nextdoor became a publicly traded company. [25]
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