Thursday, June 7, 2012

Freebie Marketplace Listia Wants To Take On Craigslist In Local Swaps

listia localListia, the Y Combinator- and Andreessen Horowitz-backed site where people can exchange free goods, is unveiling a new feature called Listia Local in four cities: San Francisco, Los Angeles, New York, and Chicago. In a lot of ways, this seems like a natural extension of Listia's basic concept, where people can earn points by giving away items or participating on the site, then use those points to claim free goods. (You can also pay for points, which is Listia's business model.) Co-founder Gee Chuang says that the team initially thought of Listia as more of a local marketplace, but right now, "almost every single transaction occurs via shipping."

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