Chilean startup Vendly wants to cash in on mobile by turning your smartphone into a free mobile marketplace. The Vendly iPhone app lets you sell (aka 'vend') items; impulse buy from your friends (or strangers); and help others sell their item by 'revending' (think retweeting) their item on your profile so that all your friends/followers get to see it too.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/kC-RmAYoGWA/
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