Online platforms have become a more reliable platform for entrepreneurs to launch their businesses. The advent of technology gave rise to mobile applications, and now these mobile applications are taking up a great space in our life. Online marketplace apps like Letgo allow people to send or receive their products with other fellow users.
Unlike other e-commerce platforms, marketplace apps do not require any intermediaries to exchange their products. Instead, these apps follow a C2C model where peer-to-peer trade takes place. Throughout this passage, let us discuss how apps like Letgo generate their revenue.