Wednesday, March 25, 2020
Online marketplace OfferUp raises $120M, acquires top competitor letgo – TechCrunch
OfferUp, a top online and mobile marketplace app, announced this morning it’s raising $120 million in a new round of funding led by competing marketplace letgo’s majority investor, OLX Group, and others. As a part of the deal, OfferUp will also be acquiring letgo’s classified business, with OLX Group gaining a 40% stake in the newly combined entity. Other investors in the new round include 
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