10 Articles
10 Articles
Whatnot, a real-time shopping app, is now valued at $20 billion, after a new round of investor financing put its evaluation in almost twice as much as it was in October. Exclusive material for subscribers. To have full access, access the link of the subject and register.
The US company has almost doubled its value within a year. Whatnot wants to grow strongly in Germany too – and thus attacks Ebay and Tiktok Shop.
In AI-obsessed Silicon Valley, live commerce platform Whatnot just notched a new funding round valuing it at $20 billion
The $545 million Series G nearly doubles Whatnot's valuation—a rare consumer-marketplace breakout at a moment when nearly every venture dollar is flowing to AI.
The live shopping has become the most profitable frontier in social commerce, and Whatnot, the live auction platform for collectors, has just shown that a niche with a solid community is worth more than a giant without engagement. The startup has closed a $545 million G Series, placing its valuation at about $20 billion, and leaves a gold lesson for any founder who aspires to climb defending his tribe.
Whatnot Closes $545 Million Series G, Valuation Doubles to $20 Billion - E-commerce Germany News
Live shopping platform Whatnot has raised $545 million in a Series G round, nearly doubling its valuation to $20 billion in under a year. The company says the funding will go toward helping its sellers grow, as buyer numbers double and weekly signups top 650,000. The post Whatnot Closes $545 Million Series G, Valuation Doubles to $20 Billion appeared first on E-commerce Germany News.
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