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$1.0 billion
- According to the last calculation done by various experts, OfferUp’s total value is over $1.0 billion.
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Mar 25, 2020 · The Bellevue, Wash.-based mobile marketplace startup today announced a $120 million funding round and an agreement to acquire Letgo, a rival commerce app that also lets people buy and sell used...
- What Is Offerup?
- How Does OfferUp Work?
- The Disadvantage of OfferUp: Getting Paid After A Sale
- 3 Ways to Sell Your Items Fast
- 6 Ways to Stay Safe When Using OfferUp
- Alternatives to OfferUp
- My Experience with OfferUp Has Been Positive
- Summary
OfferUp is an easy-to-use, free app to sell unwanted furniture, books, electronics, clothing, and even cars. The app uses your phone’s location to show buyers what you’re selling. I like that you can easily communicate with buyers and sellers via the app’s instant messaging feature. Overall, I appreciate how simple it is to use and list items for s...
OfferUp is great because it facilitates communication for buying and selling. The chat has premade responses and questions, so you can quickly message the buyer. You have two choices when viewing an item: “Ask” or “Make an offer”. If buyers are interested in your item, they will message you, and you can communicate with them about the price. Once y...
Payment between the buyer and seller isn’t central to the app, which means you’ll have to deal with cash. While the app is great for communication and ease of listing your items, it (like Craigslist) lacks a way for buyers to pay sellers electronically easily. If there are any problems or disputes after the sale is made, it’s out of OfferUp’s hands...
Personally, the most important thing is to actually get rid of the item rather than trying to squeeze out a decent profit from the sale. If you’re in the same boat, these are some ways to sell your items quickly.
Because the buyer and customer are the ones who are responsible for the monetary transaction, there are a few things to know in order to stay safe.
If you have a lot of stuff to get rid of, my advice is to use OfferUp in tandem with other apps. You can even post on good old Craigslist just to make sure you’ve covered lots of different ways to get eyeballs on your items. (However, I’m not a huge fan of Craigslist anymore, just because it feels so scammy. These are great alternatives to Craigsli...
I first used OfferUp last year when I bought a used (but pretty awesome) K2 snowboard. After riding it once, I realized it was too long, making it difficult to turn, so I put it back up on OfferUp. After a month, I started losing hope that it would sell since spring was quickly approaching and the season was just about over. However, a buyer contac...
If you have a lot of stuff to get rid of, think about adding OfferUp to your apps on your phone and give it a try. Listing on multiple apps casts a wider net but try to stick to apps where the communication is done directly through the app itself. This saves time and makes it so much easier for buyers and sellers to talk.
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Information on valuation, funding, cap tables, investors, and executives for OfferUp. Use the PitchBook Platform to explore the full profile.
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Jun 18, 2021 · OfferUp, which competes against Craigslist, eBay, Facebook and other marketplaces where users buy and sell goods, raised $120 million last year, acquired rival Letgo and now has 56 million users....
Mar 3, 2016 · According to a study by AIM Group, Craigslist was estimated to have earned $381 million in revenues in 2015 and converted $300 million of that into profits. Meanwhile, OfferUp has enabled...
May 6, 2024 · Updated 13 days ago. OfferUp is a mobile-friendly platform designed to help you buy and sell locally. Shop our marketplace to find great deals on unique items near you, or sell unwanted items to earn some extra cash. Is OfferUp free to use? Free features.
Instantly connect with local buyers and sellers on OfferUp! Buy and sell everything from cars and trucks, electronics, furniture, and more.
