Wallapop closes €157m funding round and increases its valuation to €690m

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Wallapop can still file a final appeal to the CJEU. — Wallapop closed 2020 with 50% more revenue. Xavier Bertral

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The second-hand goods trading app Wallapop has closed a €157m financing round to consolidate its position in Spain. This takes its valuation to €690m. The deal has been led by the French private equity firm Korelya Capital.