Letgo did not change to OfferUp. Instead, OfferUp acquired Letgo earlier this year and merged the Letgo marketplace onto its app. This means that Letgo’s platform and user base have been integrated into the OfferUp app, resulting in a combined marketplace for buying and selling used goods.
The acquisition and merger of Letgo by OfferUp have allowed the two companies to leverage their respective strengths and create a stronger and more comprehensive platform for users. By combining their resources and user bases, OfferUp now has a larger customer base and a wider range of listings available for users to browse and purchase.
Prior to the merger, Letgo was a standalone marketplace app where users could buy and sell used items locally. It had its own user base and platform separate from OfferUp. However, with the acquisition, Letgo’s platform and user accounts have been migrated to OfferUp.
Now, users of the OfferUp app can access the combined inventory from both platforms, making it easier to find the items they are looking for. The integration of Letgo into OfferUp’s app means that existing Letgo users can now use the OfferUp app for their buying and selling needs.
This merger has expanded OfferUp’s reach and solidified its position as one of the leading online marketplaces for used goods in the United States. With a combined user base of over 20 million monthly active users, OfferUp has increased its market share and is better positioned to compete with other marketplace platforms.
It’s worth noting that while Letgo’s platform and user base have been integrated into OfferUp’s app, the Letgo brand itself has not completely disappeared. The Letgo app and website have been redirected to OfferUp, ensuring a seamless transition for Letgo users.
The merger of Letgo into OfferUp has resulted in a more robust and comprehensive marketplace for buying and selling used items. Users now have access to a wider range of listings and a larger pool of potential buyers or sellers, making it easier and more convenient to transact on the platform.