SOURCE: Listia


August 05, 2014 09:00 ET

Listia Celebrates Five Years of Rapid Growth in the Sharing Economy

Out With the Old, and in With the New: Listia Has Helped Seven Million Users Across the U.S. Declutter Their Homes While Gaining Valuable Goods

MOUNTAIN VIEW, CA--(Marketwired - Aug 5, 2014) - Listia, one of the world's fastest growing online trading marketplaces, today celebrated its fifth birthday by announcing it has reached over seven million users. Since starting in 2009, Listia has helped people trade over 100 million items online and on their mobile devices. This momentum has been unparalleled as users list more than 20,000 new items and place 100,000 bids every day to declutter their homes and get things they'll actually use and love.

While Airbnb leads the way in shared living space and Uber for transportation, Listia continues to dominate the market for trading physical goods in what is quickly becoming one of the most competitive spaces in the sharing economy. Startups in the sharing economy have raised over $2.4 billion in 2014, according to a report by Jeremiah Owyang, Chief Catalyst at Crowd Companies.

"The sharing economy is just starting to explode," said Gee-Hwan Chuang, co-founder and CEO of Listia. "Rather than buy and sell to anonymous users, communities are coming together to offer products and services with a stronger human connection than ever before. Over the course of five years and 17 million listings later, we have found our users appreciate more emotionally driven transactions without ever having to spend a dime."

From New York to Los Angeles, over seven million people have fallen in love with Listia's ability to help declutter, save money and reduce waste around the home. Newly listed items from back-to-school supplies for kids to fashionable accessories are all available at prices that will not break the bank. On top of savings, people feel good about reducing their ecological footprint by trading items instead of throwing them away and enjoy connecting with other like-minded people.

Now with the recent release of its Amazon Fire phone app, Listia is on track to be available on every major mobile platform including both the Apple App Store and the Google Play Store. In addition, partnerships with Best Buy, Walmart and Amazon have enabled Listia to offer the best ways to declutter and unlock the value of things lying around people's homes.

See the rapid growth of the sharing economy in this infographic :

About Listia
Listia is a web and mobile marketplace where users exchange goods for free. Traders give away things they don't want or need in exchange for credits that are later redeemed for goods offered by other users. Founded in 2009, Listia is headquartered in Mountain View, CA and is backed by General Catalyst, Andreessen Horowitz, and Y Combinator. For more information, please visit Listia's free mobile apps are available for both iPhone and Android.

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