The following article appeared in Wirtschaft Woche.
Immobilien Scout has a taste for hamburgers. The company invested several millions in the start-up and thus owning slightly more than 50 percent in the company. Hubertz Digital Pioneers, who held 14 percent of the company, gave their shares to other investors to stay on board.
Stuffle is a kind of eBay for the smartphone generation. People who want to sell an item, photograph it with the phone, give it a title, it describe it in a maximum of 140 characters, and nominates the desired price. This is then negotiated as at the flea market. So far, 800,000 people have downloaded the Stuffle app according to Hartmann and 200,000 people are regular users. Goods worth a total of five million euros have been sold using Stuffle.
The app is free and advertisements are also free. Only those who want to have deals prominently displayed, pay between one and four euros. Stuffle also receives a commission when users pay via Paypal. "We are generating a monthly five-figure sum," says Hartmann. With the help of ImmobilienScout it will in future be more: "ImmobilienScout is one of the players with the best monetisation skills" says Hartmann.
"The Stuffle team has developed an app with insanely beautiful design," says Christoph Monnet, Head of Business Development at ImmobilienScout. "There is a lot of potentail for Stuffle. Why couldn't Stuffle help find a new tenant."
Source: Wirtschaft Woche. It has been translated (via Google translate) from German and edited by the Property Portal Watch team.