Letgo takes on Craigslist with addition of housing listings

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Everybody needs to be the Craigslist killer. In November, Fb expanded its Market phase to incorporate companions’ housing leases along secondhand products, and as of late the quantity 3 buying groceries app letgo is doing the similar. The corporate says that, beginning as of late, its tens of thousands and thousands of customers can now temporarily snap a couple of pictures and upload an outline to listing a housing apartment or sale on its app.

The app, which has over 75 million downloads so far, is one of the highest apps in its class, as of late most effective falling in the back of Amazon and Want within the iOS App Retailer’s Best Loose Buying groceries phase. ComScore additionally just lately pegged the app as the second one fastest-growing within the U.S., in its 2017 Cell App Document, placing it forward of Lyft, Venmo and others primarily based on per 30 days site visitors enlargement.

Letgo competes now not most effective with giants like Craigslist and Fb Market, however an identical secondhand apps like OfferUp, Mercari and eBay, which might be all extra lowly-ranked presently.

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Nowadays’s addition of housing is the primary time letgo has expanded past secondhand pieces.

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To take benefit of the brand new characteristic, letgo customers take a photograph then fill in a temporary textual content description in regards to the assets for hire or sale. Extra pictures may also be added to the posting at any time, and customers can use letgo to talk and ask extra questions. The app additionally contains person profiles, so attainable renters or patrons can see who they’re chatting with and the way they’ve been reviewed by way of others on the provider.

“We see this as the natural evolution of a vast and diverse marketplace like ours, especially as we approach the 100M-download milestone,” stated letgo co-founder Alec Oxenford , in a observation. “We’ve designed letgo to make it effortless to list what you don’t need and find what you do in your own neighborhood, whether that’s a snowboard, an SUV or a two-bedroom apartment with a view.”

The corporate says its customers have posted over 200 million secondhand listings to its provider since its release in 2015, however declined to percentage what number of of the ones translated to gross sales, its income, or what number of customers are energetic on its app on a per 30 days foundation, past pronouncing it’s “in the tens of millions monthly.”

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Letgo additionally advised us its customers have despatched over three billion messages in its app so far, and it sees tens of million repeat guests on a per 30 days foundation.

The transfer follows Fb’s release of companions’ housing leases in November, which integrated pulling in listings from resources like Rental Record and Zumper. On the other hand, the social community had already allowed customers to submit their very own listings to this identical phase. Letgo’s implementation is other as it’s now not the use of spouse information presently. (Fb additionally now permits for House Gross sales listings, the similar as letgo.)

Letgo nonetheless has a technique to move to grow to be a viable competitor to Craigslist, alternatively. Whilst Fb’s Market has expanded past secondhand items to additionally come with automobiles, jobs, tickets, and day-to-day offers, in addition to secondhand pieces, letgo is most effective now getting into this broader marketplace of
“non-merchandise.”

The corporate says the brand new capability is rolling out progressively throughout its market and will probably be to be had to all U.S. customers by way of the top of the month.