| Founded | 2015 |
|---|---|
| Closed | 2020 |
| Country | Spain |
| Sector | Marketplace |
| Total raised | ~500M USD |
| Collapse type | Fire Sale |
| Founder | Alec Oxenford, Enrique Linares |
Letgo
"The classifieds app that raised 500M USD from Naspers and OLX. Then Naspers merged it with OLX."
Distressed acquisition below last-round valuation
Key Events Timeline
Letgo was founded in Barcelona in 2015 by Alec Oxenford (also founder of OLX) and Enrique Linares.
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