What is letgo's business focus and history?
letgo is a funded company based in Istanbul, Turkey, founded in 2015 by Alec Oxenford, Jordi Castello, and Enrique Linares Plaza. It operates as a digital marketplace for buying and selling used goods and vehicles. letgo has raised significant funding, including a $500 million Series D round in August 2018, leading to a valuation of over $1.5 billion. The company has offices in Istanbul, New York City, and Barcelona. Its top competitors include companies like eBay and Poshmark.
letgo Corporate Details & Core Services
letgo is a digital marketplace based in Turkey for buying and selling used goods and vehicles.
letgo Contact Information & Official Links
What are letgo's Key Business Metrics & Stats?
No of employees
Founded year 2015
Type private
SAICS CODE 7389
NAICS Code 454111
Industry E-commerce
Location Istanbul, Istanbul, Turkey
Pricing Strategy Free to use with optional paid features
letgo
Firmographic Snapshot
2026
2015
Founded Year
Global Employees
Turkey
Headquarters
E-commerce Industry
Private
Type
Verified by
DexterAgent.ai
How much funding has letgo raised to date?
Name
Description
Funding Amount
USD 100 Million
Stage
Series A
Latest Valuation
1.5 Billion (USD)
Lead Investor
Naspers
Investors
Naspers
What are letgo's Core Products?
Name
Description
letgo App
A mobile application for buying and selling used goods locally.
What are the latest developments at letgo?
Date
Type
Description
July, 2023
Acquisition
In July 2023, letgo was acquired by Hedef Filo.
letgo VS eBay VS Poshmark : 2026 Comparison
Feature
letgo
eBay
Poshmark
Core Strengths letgo App
eBay Marketplace
Poshmark Marketplace, Posh Shows, Posh Authenticate
Founded Year 2015
1995
2011
Stock Name/Ticker EBAY (NASDAQ)
Type private
public
private
Global Employees 11500
750
Revenue (Annual) $250 Million(2025)
$10.3 Billion(2024)
$1.8 Billion(2021)
Headquarters Istanbul, Istanbul, Turkey
San Jose, California, United States
Redwood City, California, United States
Latest Valuation $1.5 Billion
$37.9 Billion
$1.2 Billion
LATEST REVENUE (TRILLIONS USD)
EMPLOYEE COUNT (THOUSANDS)
INNOVATORS
VISIONARIES
DISRUPTORS
GIANTS
eBay
10.3 | 11500
Poshmark
1.8 | 750
Competitive Landscape 2026
DexterAgent.ai
What are letgo's official legal and registration details?
Name
Description
Legal Name
Letgo Mobil İnternet Servisleri ve Ticaret A.Ş.
Cin number
GST number
Registration number
Who is in letgo's executive leadership team?
Name
Designation
CEO
Enrique Linares Plaza
Co-founder
Alec Oxenford
Co-founder
Jordi Castello
Where are letgo's primary office locations?
City
Country
Istanbul
Turkey
New York City
United States
Barcelona
Spain
What are the current business signals and market intelligence for letgo?
Spending next 3 months
Technology development, Marketing expansion
Pain points
User trust and safety, Market competition
Sales motion
Online marketplace transactions
Buyer Persona
Individuals looking to buy or sell used goods locally
Type of customer
Individual consumers
Key customer domain
Annual ACV
$50
What is letgo's annual revenue history?
Year
Revenue (USD)
2025
250 Million
What are letgo's risk management and compliance ratings?
GDPR RIsk
Yes
Privacy Risk
Yes
Company Ratings
Glassdoor Rating
Saas
No
Offline Stores
No
Service
Yes
Ecommerce
Yes
Exporter
No
Mobile App
Yes
Retail
No
B2B
No
B2C
Yes
Manufacturing
No
Wholesale
No
Importer
No
