Announced
Completed
Financials
Sources
Tags
Acquisition
Friendly
Minority
used goods marketplace
Completed
Spain
Private
Cross Border
Private Equity
E-commerce
Single Bidder
Synopsis
Korelya Capital, an investment fund, led the €157m round in Wallapop, a used goods marketplace. Other investors include NAVER, Accel, Insight Venture Partners, 14W, GP Bullhound and Northzone. “At a time when society is experiencing the economic impact of COVID-19, we are committed to putting technology and disruptive innovation at the service of a more sustainable way of consuming. We are delighted to partner with NAVER, one of the world's most innovative technology companies, as we continue to expand wallapop's footprint and bring the best experience to our community," Rob Cassedy, Wallapop CEO.
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