Meet One of the Fastest Growing Smartphone Apps

September 20, 2017
Updated 8mo ago
Letgo is the second fastest growing smartphone app in the United States, according to ComScore. Alec Oxenford, the company's co-founder, says the app originally used advertising for user acquisition but is now shifting focus to creating a stable and growing community to drive growth further. Letgo helps people find local buyers of goods with just the snap of a camera. Since it launched two years ago, it has already reached more than 75 million downloads. Oxenford says the company is exploring new revenue streams, including a premium model.