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OfferUp was created in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen. OfferUp is a mobile-driven local marketplace that competes with companies such as eBay, Craigslist, and Facebook Marketplace.
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Newmark launched craigslist.org in 1996, where people could exchange information, mostly without charge. [12] It started as a newsletter about San Francisco events. [14] He operated it as a hobby while continuing to work as a software engineer until 1999 when he incorporated Craigslist as a private for-profit company. [15]
Letgo remained the majority owner of the company and the brand remained Letgo. [11] At the time, there were about 10 million monthly active users between the two apps, according to SurveyMonkey data published by TechCrunch. [12] From its launch, the company did not charge for its services, earning no revenue, as part of its strategy to grow ...
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