Global Livestream Shopping Platform ShopShops Announces $15M Series B
ShopShops, an interactive, global livestream shopping platform, announces today a major finance milestone with its new $15M, Series B. The financing was co-led by LightShed Ventures and Acrew Capital and supported by existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG). Dave Lu from Hyphen Capital and Gaingels also participated in the round. The funding will be used to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
Since 2018, the ShopShops mobile app has given shoppers in China access to a best-in-class marketplace of well-known prestige brands, emerging designers and vintage retailers hailing from 30 cities around the world. In December of 2020, ShopShops leveraged its app, brand partnerships and learnings to launch a beta for U.S. shoppers. Early traction from the launch, paired with an incr
ShopShops, a NYC-based interactive, global livestream shopping platform, raised $15M in Series B financing.
The round was was co-led by LightShed Ventures and Acrew Capital with participation from existing investors Union Square Ventures, Forerunner Ventures and The Chernin Group (TCG), Dave Lu from Hyphen Capital and Gaingels.
The company intends to use the funds to accelerate the expansion of ShopShops in the U.S. as well as to continue its growth among premium cross-border shoppers in China.
Led by Liyia Wu, Founder and Global CEO, ShopShops is a global shopping app enabling dynamic host sellers to grow a following based on their ability to curate and sell products across fashion, beauty, food and home.
May 21st 2012 19:58
Google+ may or may not be a viable contender in the social networking space, but Google sure is committed to it.
How committed? According to venture capitalist Fred Wilson of Union Square Ventures, which owns a stake in Twitter, Google’s passed up the opportunity to buy the popular microblogging social network several years ago.
“Google hasn’t been interested in buying Twitter since they committed themselves to Google+” Wilson told former TechCrunch chief-turned-venture capitalist Michael Arrington at TechCrunch’s Disrupt conference in New York City.
According to Business Insider’s account of Wilson and Arrington’s on-stage dialogue, Twitter CEO Dick Costolo made an overture to Google several years ago and indicated that Twitter could become a Google property for a sum in the $5bn range, but that Google was so focused on Google+ that it didn’t bite.
The Big Tech Campus Within Your Fingertips Designed for the Future of Work
PERKS launches platform that empowers organizations to compete with top talent companies
PERKS brings great culture and employee recognition to any organization, regardless of size, location or budget
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LOS ANGELES, June 3, 2021 /PRNewswire/ PERKS, a new leading player in the People Support Space has officially launched their work-life balance marketplace replicating the big tech campus experience large tech companies like Google offer their employees. Now any organization can offer great team support with PERKS and alleviate the administrative work for your HR team so they can focus on the human component of culture.