.
MergerLinks Header Logo

New Deal


Announced

Completed

Naver and Korelya Capital led a $87m round in Wallapop.

Synopsis

Naver, an internet conglomerate, and Korelya Capital, an investment company, led a $87m round in Wallapop, a platform for buying and selling second-hand products, with participation from Accel, 14W and Insight. “In the past years, Wallapop’s expansion efforts have allowed more and more people to benefit from our fundamental purpose -facilitating a more conscious and human way of consumption that creates economic opportunities for people- which in today’s socio-economic environment remains as relevant as ever. We are focused on driving the reusing revolution within Southern Europe, prioritizing a healthy growth model that allows us to increase our impact while we scale and create a unique inventory ecosystem that can continue expanding further in our future. Our investors, NAVER and Korelya as well as others, share our vision," Rob Cassedy, Wallapop CEO.

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US