Wallapop has been sold, this will be the popular Spanish purchase and sales application
Wallapop was purchased by Naver, a South Korean company in an operation of about 600 million euros. Your purchasing process is done with the best terms because it will protect its essence
As the report of our Andro4all friends, Wallapop changed its owner. One of the platforms dedicated to the second -hand trade was purchased by South Korean giant Naver. The operation was carried out for approximately 600 million eurosTherefore, Wallapop has a total of 650 million value since its creation in 2013. Waiting for green light by the regulatory authorities, the application will remain in operation as usual.
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Wallapop was purchased by Naver, visible changes?
Everything shows that there will be no big change and that it is both economic and paper purchases.. Naver undertakes to preserve the essence of Wallapop, which means that it will continue to be in the same headquarters as the same staff and will continue to be the same without the application of practice.
Although Naver has a technology experience of being a search engine, it is an expert adapting as an expert ads and payments, as well as an business that started in 1999. Probably this Most of the integrations that support it reach Wallapop. Naver noticed a platform like Wallapop due to its growth in recent years. Mainly in Spain, Italy and Portugal more than 19 million users, in their last years more than 100 million euros invoiced. In addition, Naver had already invested in several European companies, so previously, as well as rumors, it was a time issue for the acquisition to realize.
Wallapop: find everything in a short time
Wallapop was characterized as the pioneer of the second market and so the purchase process was not surprised at all. The sales scale increases the level, which can be seen by Wallapop Pro for sellers with higher sales volumes or in need of safe shipments between different cities in Spain and other countries in Europe. Within a few months we will see the changes on the Barcelona platform. What do you think about this news? Do you think Wallapop is the best second -hand trade platform with this purchase?
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Source: i Padizate
