The hyperlocal sharing app taking on Facebook Marketplace & cutting food waste – Olio co-founder Tessa Clarke
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Show Notes
Tessa Clarke, CEO and co-founder of Olio, talks about the business model behind the food sharing app, the company’s plan to be the be the “Mailchimp of food redistribution”, organic international expansion and the plan to take on Facebook Marketplace by moving into second-hand items.
Clarke launched Olio, which lets people list surplus food and second-hand goods, in 2015. It has since attracted over 6.9 million users who have given away over 95 million portions of food. Listings on the circular economy app grew fivefold during the pandemic and the company has expanded beyond the UK to 63 countries. Olio, which has raised more than $50m in funding, has entered partnerships with businesses including Tesco and Pret. It has plans to rebrand later this year.