Category: eCommerce
Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more
The rest of the world may be slowing down as we prepare for Christmas and the new year, but we are not taking our foot off the gas. Alex Wilhelm keeps a close watch on the public markets in his column The Exchange, but this week, he branched out to…
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Walmart to pilot test live-streamed video shopping on TikTok
Walmart and TikTok announced this morning they will be partnering on the first pilot test of a new shoppable product experience on TikTok’s social video app. Walmart, as you may recall, had planned to invest in TikTok when the app was being threatened with a ban from the U.S. market…
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The StockX megaround smells like pre-IPO money
Earlier today, TechCrunch reported that consumer reseller marketplace StockX raised $275 million at a valuation of approximately $2.8 billion. Selling a tenth of your company for north of a quarter-billion may be somewhat common among late-stage software startups with tremendous growth, but one known for its market share in the…
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Early DoorDash investor Saar Gur makes the case for 10x growth from here
The stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company has come under fire numerous times over its employment practices, and its IPO, like that of other gig-economy companies, leaves a lot of…
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Customer support startup Gorgias raises $25M
Gorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over a year ago, CEO Romain Lapeyre (who founded Gorgias with CTO Alex Plugaru) told me that it works with e-commerce…
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Infra.Market raises $20 million for its B2B marketplace in India
A startup that is improving the way construction and real estate companies in India procure materials and handle logistics for their projects has received the backing of three new investors. Mumbai-headquartered Infra.Market said on Thursday it has raised $20 million in a Series B financing round. The round was led…
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