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Whatnot

All articles tagged with #whatnot

business18 days ago•2 min saved

Whatnot hits $20B valuation with $545M Series G as live shopping booms

Whatnot closed a $545 million Series G at a $20 billion valuation, nearly doubling from a year ago, as the live-streamed shopping market expands to more than $22 billion and Whatnot claims about a 60% share. The platform is growing fast, adding roughly 650,000 new weekly users and surpassing $8 billion in GMV from last year. The new funds will bolster seller-growth tools, bring AI into the selling experience, and support expansion into new markets, even as competitors like eBay, Fanatics, and TikTok Shop Live push into live commerce.

via CNBC|

#business #e-commerce #funding

business27 days ago•2 min saved

Whatnot Eyes $20B Valuation on Livestream Shopping Boom

Whatnot is in talks to raise funding at about a $20 billion valuation, up from $11.5 billion last year, as the LA-based livestream shopping platform expands across categories and racks up billions in live sales (about $8B last year). The round is ongoing with backers including Andreessen Horowitz, CapitalG, Sequoia, and Lightspeed, signaling continued VC appetite for consumer startups even amid AI-focused capital shifts.

via Business Insider|

#business #e-commerce #live-shopping

business3 years ago•1 min saved

Dumpster-Diving Woman Makes $5,000 Monthly in Real-Life Treasure Hunt.

Veronica Taylor, a Pennsylvania woman, has turned dumpster diving into a lucrative business by selling authentic designer items on the auction app WhatNot and on live-streamed auctions. She claims to make up to $5,000 a month from the sales and donates most food and hygiene products to charity. Taylor and her friend Liz Wilson travel from city to city, exploring dumpsters in "rich-people neighborhoods" and at thrift shops, finding items such as Louis Vuitton wallets and designer shoes. They sell the salvaged items on WhatNot and live-streamed auctions, where customers bid on items as they are discovered.

via New York Post |

#auctions #business #designer-items