Spanish Based Wallapop 191M Korelya CapitalTechCrunch

Spanish Based Wallapop 191M Korelya CapitalTechCrunch firm that has recently invested 191 million in Spanish based Wallapop, a mobile marketplace. This news was reported by TechCrunch, a leading technology news website. Wallapop is a mobile marketplace app that connects buyers and sellers in the same area and allows them to link up and negotiate. This new investment will help Wallapop continue to grow and expand its services. In this article, we will discuss the details of this investment, what it means for Wallapop, and how it will affect the Spanish economy.

Overview of Wallapop

Wallapop is a mobile marketplace app that was founded in Madrid, Spain in 2013. It allows buyers and sellers to connect in the same area and negotiate prices for goods and services. Wallapop has quickly grown in popularity and is now the most popular mobile marketplace in Spain.

The Wallapop app is available in both iOS and Android and has been downloaded over 10 million times. Wallapop has gained recognition for its innovative approach to shopping as well as its use of artificial intelligence.

Details of the Investment

Korelya Capital is a venture capital firm that has recently invested 191 million in Spanish based Wallapop. This investment comes as a part of a series D funding round and will be used to help Wallapop continue to grow and expand its services. This news was reported by TechCrunch, a leading technology news website.

Impact on Wallapop

This investment will help Spanish Based Wallapop 191M Korelya CapitalTechCrunch and expand its services. With the additional funding, Wallapop can now invest more into research and development and bring even more innovative features to its users. Wallapop can also use the funding to invest in marketing so that they can reach more potential customers.

Impact on the Spanish Economy

This investment has a positive impact on the Spanish economy. This investment shows that foreign investors are interested in investing in Spanish companies. This will encourage more foreign investment in the country, which will help to boost the economy. Additionally, this investment will create more jobs and help Wallapop to grow and expand its services.

Conclusion

Korelya Capital’s investment in Wallapop is great news for the Spanish economy. This investment will help Wallapop to continue to grow and expand its services, and it will encourage more foreign investment in the Spanish economy. This will help to create more jobs and boost the economy.