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A Spanish mobile marketplace for buying and selling second-hand goods.

Last updated August 21, 2026

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Overview

Wallapop is a Spanish second-hand marketplace company founded in 2014 and headquartered in Barcelona. Its service is accessed primarily through a mobile application, where individuals can list used goods, discover nearby offers, communicate with potential buyers, and arrange transactions. The platform operates in the classified-listings and consumer-to-consumer commerce space, with categories including electronics, furniture, fashion, and other household or personal goods. Wallapop's model is based on enabling users to circulate existing products rather than purchasing newly manufactured goods through a conventional retailer. Its mobile-first design and local-market orientation distinguish it from broader general-purpose e-commerce platforms: listings can be searched by location, allowing users to negotiate directly and, where appropriate, complete exchanges locally. The service therefore combines elements of a classifieds website, a peer-to-peer marketplace, and a recommerce platform. The company gained visibility in Spain during the expansion of mobile commerce and startup investment in the mid-2010s. In 2014, it entered into a commercial agreement with Atresmedia, a major Spanish media group. In 2015, Wallapop was reported as one of Spain's highest-revenue-generating startup companies, with approximately $1 billion in transactions completed through its application. This figure referred to transaction volume conducted through the platform rather than necessarily to Wallapop's own revenue. In May 2016, Wallapop merged with Letgo, another mobile marketplace company. Despite the transaction, the combined business continued operating under the Wallapop name. Venture investors associated with the company include Mangrove Capital, Northzone, and Eight Roads Ventures. Publicly available reference material identifies Spain, Italy, and Portugal as important operating markets. The company remains positioned around the resale of used goods, local discovery, peer-to-peer exchange, and the broader idea of extending product lifecycles through reuse.

History

Wallapop was established in Spain in 2014 as a mobile-first service for exchanging used goods. Its proposition was closely related to online classifieds, but its primary access point was a smartphone application rather than a traditional desktop website. Users could publish listings for unwanted or previously owned products and search for goods offered by other users, particularly within nearby markets. The service emerged during a period when mobile applications, location-based discovery, and peer-to-peer commerce were reshaping classified advertising. Wallapop's focus on used goods gave it a clear recommerce identity: instead of acting as a conventional retailer, it provided the digital infrastructure for individuals to find one another and arrange exchanges. Product categories included consumer electronics, furniture, clothing and other fashion items, and general household goods. In 2014, the company signed a commercial agreement with Atresmedia. The relationship helped connect the young marketplace with one of Spain's largest media groups while Wallapop was building brand awareness. By 2015, the company was cited as a Spanish startup with particularly high reported revenues or marketplace activity. Coverage stated that around $1 billion in transactions had been completed through the application. This was a measure of transactions conducted using the service and should not be treated as a disclosed accounting figure for Wallapop's own sales. Wallapop's development also attracted venture investment. Reference material identifies Mangrove Capital, Northzone, and Eight Roads Ventures among its investors. These investors placed the company within the European technology-startup and digital-marketplace ecosystem. A major corporate turning point came in May 2016, when Wallapop merged with Letgo. Letgo was also focused on mobile peer-to-peer listings for used goods. After the merger, the operation continued under the Wallapop brand rather than being renamed as Letgo. The transaction represented a consolidation of mobile resale-marketplace businesses and expanded the company's strategic context beyond its original Spanish launch. Wallapop's documented market footprint includes Spain, Italy, and Portugal. Its enduring business identity is that of a mobile consumer marketplace for second-hand goods, combining classified listings with local discovery and direct interaction between buyers and sellers. Public reference material supplied for this dossier does not provide a detailed account of later management, ownership changes, financial statements, product-level launches, advertising campaigns, or regulatory disputes. Those areas should be researched separately if a more current corporate history is required.

  • 2016

    Merger with Letgo

    [1]

    Wallapop merges with Letgo in May and continues operating under the Wallapop brand.

  • 2015

    Reported transaction volume reaches approximately $1 billion

    [1]

    The company is cited among Spain's high-revenue startups, with approximately $1 billion in transactions reported as completed through its application.

  • 2014

    Wallapop is founded in Spain

    [1]

    Wallapop is established as a mobile-first marketplace for exchanging used goods, with Barcelona identified as its headquarters.

  • 2014

    Commercial agreement with Atresmedia

    [1]

    Wallapop signs a commercial agreement with Atresmedia during its early expansion in the Spanish market.

Products and positioning

A consumer-to-consumer recommerce and classified-listings marketplace focused on local discovery, peer-to-peer transactions, and the reuse of existing goods.

  • Mobile second-hand marketplace · 2014

    Wallapop marketplace

    Wallapop's core offering is a mobile-accessed marketplace where users list, discover, and exchange previously owned goods. The service functions similarly to a classified-listings platform while emphasizing local discovery and direct peer-to-peer interaction. Available categories include electronics, furniture, fashion, and other consumer or household products. The platform supports the circulation and resale of existing goods rather than operating as a conventional inventory-owning retailer.

Brand decisions

  • 2016

    Merger with LetgoM&A

    Background

    Wallapop and Letgo were both mobile marketplaces focused on used-goods listings and peer-to-peer exchange.

    Action taken

    The companies merged in May 2016 and retained the Wallapop brand for the continuing operation.

    Aftermath

    The merger consolidated two mobile resale-marketplace businesses under the Wallapop name.

Sources2 sources

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