Deb Stowe | May 26, 2022 | Niche Marketplaces
Fashion marketplace ThredUp predicts the U.S. second-hand market to more than double by 2026, reaching $82 billion. The California-based company has highlighted...
Damian Shore | May 24, 2022 | Niche Marketplaces, Financials / Deals
Spanish company Bechester has raised €1.5 million ($1.61 million U.S.) in a funding round. Founded in 2019, Bechester was initially confined to offering a...
Adegoke Seun | May 23, 2022 | Recruitment, Niche Marketplaces, Financials / Deals
Lynk, a Kenya-based leading blue-collar jobs site, has been acquired by Nigeria-based concierge services startup Eden Life in an undisclosed deal. Co-founded by...
Danielle le Clus-Rossouw | May 23, 2022 | Niche Marketplaces, Financials / Deals
Naspers Foundry, a South African-focused start-up funding initiative for technology with a focus on social impact, announced on May 17 that it had invested R40...
Deb Stowe | May 13, 2022 | Niche Marketplaces, Financials / Deals
Fashion marketplace Poshmark posted a year-over-year gain of 13% in total revenue, to reach $90.9 million, with a similar 12% rise in gross merchandise value (GMV)...
Deb Stowe | May 11, 2022 | Niche Marketplaces, Financials / Deals
Fashion marketplace ThredUp recorded a 31% year-over-year rise in revenue in Q1, to reach $72.7 million. The first quarter gross margin stood at 69.1% (down from...
Tariq Ahmed Saeedi | May 11, 2022 | Niche Marketplaces, Financials / Deals
South Korea-based used luxury bags marketplace TurnBag has attracted additional seed investment less than two months after receiving seed funding from NewFlight in...
Deb Stowe | May 11, 2022 | Niche Marketplaces
Poland’s Office of Competition and Consumer Protection (UOKIK) has fined fashion marketplace Vinted PLN 5.3 million ($1.2 million U.S.) over payment issues. In its...
Damian Shore | May 11, 2022 | Recruitment, Niche Marketplaces, People on the Move
Temporary work platform JobAndTalent has appointed Jon Kamaluddin chairman of its board of directors. “Jon Kamaluddin will play a significant role in shaping...
Damian Shore | May 11, 2022 | Real Estate, Niche Marketplaces
Cocampo, a newly launched property marketplace that focuses on rural land and farms in Spain, is picking up speed and on course to increase its number of...
Deb Stowe | May 10, 2022 | Recruitment, Niche Marketplaces
Freelance marketplace Fiverr has launched a feature that lets voiceover artists provide artificial intelligence-generated auditions for roles without having to...
Damian Shore | May 10, 2022 | Niche Marketplaces
Co-founded in 2020 by four students at Trinity College Dublin, Irish company ReFunk operates a marketplace for ‘upcyled’ furniture – discarded objects that are...
Damian Shore | May 03, 2022 | Niche Marketplaces
Flash-sale company Veepee is expanding its second-hand site Re-Cycle to Spain. Re-Cycle was launched in France two years ago and collects used products from Veepee...
Deb Stowe | April 10, 2022 | Recruitment, Niche Marketplaces
Two black businesswomen have launched AfroFreelancer.com, a gig platform to support minority freelancers and college students. The site, which lists freelance...
Deb Stowe | April 09, 2022 | Marketplaces, Niche Marketplaces, Financials / Deals
Campsider, a France-based marketplace for second-hand outdoor and sporting goods, has secured €2 million ($2.2 million U.S.) in investment, which it will use to...
Deb Stowe | April 05, 2022 | Niche Marketplaces, Financials / Deals
Fashion marketplace Trendsales turned a profit for the first time in 2021, marking 54% growth, taking merchandise sales above €40 million ($43.9 million U.S.). The...
Damian Shore | April 05, 2022 | Real Estate, Niche Marketplaces
Her Roomies, an accommodation rental platform for women, is about to complete a round of financing that will see it raise €200,000 through crowd equity platform...
Tariq Ahmed Saeedi | March 31, 2022 | Marketplaces, Niche Marketplaces, Financials / Deals
Turkey-based refurbished electronics marketplace EasyCep raised $11 million in Series A funding at a $100 million valuation, said the company. Founded in 2018 and...
Deb Stowe | March 31, 2022 | Niche Marketplaces, Financials / Deals
Kaiyo, a full-service marketplace for second-hand furniture, has raised $36 million in Series B funding, which the New York-based company will use to step up...
Deb Stowe | March 23, 2022 | Marketplaces, Niche Marketplaces, Financials / Deals
Fashion marketplace Poshmark achieved $326 million in net revenue in 2021, a 25% gain year-over-year versus 2020. Its gross merchandise value (GMV) was up by a...
Deb Stowe | March 22, 2022 | Niche Marketplaces, Financials / Deals
ThredUp recorded annual revenue of $252 million in 2021, up by 35% year-over-year. The fashion marketplace reported an annual gross margin of 70.7% and gross...
Deb Stowe | March 19, 2022 | Niche Marketplaces, Financials / Deals
Bangkok-based fashion marketplace Pomelo has reportedly raised $1.9 million U.S. from Rich Sport, a distributor of global fashion and lifestyle products on the...
Deb Stowe | March 16, 2022 | Niche Marketplaces, Financials / Deals
Vestiaire Collective is taking over fellow fashion marketplace Tradesy. The terms of the deal have not been made public. Announcing the deal, Vestiaire Collective...
Tariq Ahmed Saeedi | March 15, 2022 | Niche Marketplaces, Financials / Deals
Taiwan-based fashion resale startup PopChill plans to further strengthen its c-to-c element and expand across the region with its latest $2.2 million in funds....
Deb Stowe | March 14, 2022 | Recruitment, Niche Marketplaces
Freelance marketplace Fiverr has joined the raft of companies suspending their business in Russia following the invasion of Ukraine. In an announcement on the...
Damian Shore | March 15, 2022 | Automotive, Niche Marketplaces, Financials / Deals
Having increased its turnover from €1 million in 2019 to €15 million ($1.1 million U.S. to $16.5 million U.S.) during 2021, Barcelona-based used-motorcycle...
Deb Stowe | March 11, 2022 | Niche Marketplaces, Financials / Deals
Rebelle is prospecting for acquisitions to help it become the leading managed marketplace for luxury second-hand fashion in Europe, while continuing to invest in...
Deb Stowe | March 06, 2022 | Niche Marketplaces, Financials / Deals
California-based Fashionphile has posted close to $500 million in sales, according to a report in Forbes. The platform developed out of an EBay store-turned...
Tariq Ahmed Saeedi | March 05, 2022 | Marketplaces, Niche Marketplaces, Financials / Deals
South Korea-based general goods platform Joongna has invested in used-bicycle marketplace WrightBrothers and second-hand children’s clothing app CornerMarket...
Deb Stowe | March 03, 2022 | Niche Marketplaces, People on the Move
Fashion marketplace Vestiaire Collective has appointed Olaf Zschiedrich as its chief technology officer. “Happy to share that I joined Vestiaire Collective as...
