Rob Cassedy, CEO of Wallapop. Credit: Carlos Rodelas Media

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The big interview

April 8, 2026

Wallapop CEO on selling to South Korean internet giant Naver: ‘The scale they have dwarfs ours’

The Spanish e-commerce darling was recently acquired by Naver in a deal that valued the startup €600m

At the end of January, Spanish secondhand marketplace Wallapop was acquired by South Korean internet giant Naver. The deal valued the company at €600m, making it one of the largest exits ever in Spanish tech.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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