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Verb Technology Company, I VERB
(Total Views: 311)
Posted On: 02/21/2024 10:40:13 PM
Post# of 32999
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Posted By: redspeed
who'd a thunk it?

Deal was announced today. If you remember, NTWRK is that Sneaker / Collectable live selling site. Different audience than Market.Live, but kind of the same as WhatNot.

So now they are combining forces with a with content and music company. Kind of what VERB has talked about of infotainment.

So this puts an interesting twist for the possibilities with Market.Live. While VERB didn't say it in the latest offering, there is a possibility they use some of the money to buy someone (or not). But I'd rather see a company like Shopify acquire VERB down the road. Good fit since add the companies they are adding use Shopify

NTWRK ACQUIRES COMPLEX TO BUILD NEXT GENERATION CONTENT AND SHOPPING EXPERIENCE
Quote:
By marrying an e-commerce platform anchored in sneakers, streetwear, and collectibles with content and music, the new company will transform into a digital hub at the forefront of convergence culture. The deal will allow Complex to leverage NTWRK’s marketplace and access culture-obsessed consumers to create a one-of-a-kind experience for a highly engaged audience.


https://www.universalmusic.com/ntwrk-acquires...xperience/

Here's the links if you are interested...

https://www.complex.com/

https://thentwrk.com/

https://www.whatnot.com/













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