TikTok Shop rival raises funds at US$5 billion valuation
- Whatnot raised $265 million in a Series E funding round, valuing the company at $4.97 billion.
- The funding will support expansion into new categories and international markets, including Australia and Europe.
- Whatnot's annual gross merchandise value for livestream sales surpassed $3 billion last year.
- Whatnot plans to buy back $72 million worth of shares to invest in its employees, reflecting strong company performance.
11 Articles
11 Articles
Whatnot, which lets users sell comics and other items through live videos, raised a $265M Series E at a $4.97B valuation, and says its annual GMV passed $3B
Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that it has secured $265 million in a Series E funding round, a significant investment for a livestream shopping platform. This round puts Whatnot’s…
Livestream shopping app Whatnot raises $265M, pinning valuation at nearly $5B
Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that it has secured $265 million in a Series E funding round, a significant investment for a livestream shopping platform. This round puts Whatnot’s valuation at $4.97 billion. The investment marks an important […] © 2024 TechCrunch. All rights reserved. For personal use only.
streaming marketplace Whatnot raises US $ 265 million worth funding
streaming shopping platform Whatnot has raised US $ 265 million in a recent funding round, boosting its valuation to nearly US $ 5 billion, according to reports. This significant investment underscores a critical shift in how consumers are engaging with retail: through live, interactive experiences. Whatnot experienced explosive growth in 2024, exceeding US $ 3 […] The post Live-streaming marketplace Whatnot raises US $ 265 million worth funding…
Investors deliver $265 million funding round to Whatnot as live shopping gets hotter - Tubefilter
The platform where users can sell trading cards and whatnot just added $265 million to its account. That’s how much Whatnot raised for a Series E funding round that valued the company at nearly $5 billion. As reported by Bloomberg, Whatnot’s Series E was co-led by Greycroft Partners, DST Global, and Avra. As it approaches its sixth year of business, Whatnot has now raised $746 million of venture capital since its launch. Whatnot has positioned i…
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