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Posted On: 03/16/2024 4:18:43 PM
Post# of 32688
Huntsville’s CommentSold goes over $1 billion in market value
Published: Feb. 02, 2022
https://www.al.com/business/2022/02/huntsvill...value.html
$1B in Market Value?
Heck, Popshoplive that they bought last year was valued at a measly $100M
After selling to CommentSold, Popshoplive is shifting its focus to live shopping for creators
SEPTEMBER 8, 2023
https://www.modernretail.co/technology/after-...-creators/
CommentSold consolidates live commerce with Popshoplive acquisition
headshot
Aug 22, 2023
https://www.axios.com/pro/retail-deals/2023/0...solidation
https://try.commentsold.com/press-room/from-p...-in-sales/
If you skimmed all of the above, you can see some stats can be misleading. The $3.8 billion GMV is really lifetime, but nothing to sneeze at.
The question I was wondering is...how many stores do they really have? The 'about' says 'empowered over 7,000 small to mid-sized retailers' but that sounds past tense, may actually be lifetime to date.
Also, CommentSold didn't have anything like Market.Live as it was more like Bambuser where they just provide the tools rather than a destination. That was until they bought PopShopLive, which in my view, is a lot like WhatsNot and other Pokemon selling sites. See for yourself
https://popshop.live/
So this site says they have 1,351 stores right now and 2,187 last quarter with number of stores declining. Wonder where they are going?
https://storeleads.app/reports/commentsold#:~...20platform.
Thanks to lajet, we know Market.Live has 469 and growing like gangbusters. Won't be long before Market.Live has more stores than CommentSold.
Check out..."Social Media Usage On CommentSold Stores"
Instagram is used by 57.5% of CommentSold stores.
Facebook is used by 50.2% of CommentSold stores.
Facebook Group is used by 33.8% of CommentSold stores.
Maybe 20-25% use TikTok? This is why Market.Live integration into Facebook & Instagram is so important as many of the Market.Live stores/companies maybe better suited to those two platforms and have more followers there then TikTok
In my view, Market.Live has better tech, better integration, actually a destination (not just tools) and growing at a much faster rate than CommentSold which may be going backwards. If CommentSold is valued at $1B or whatever it is, what is Market.Live worth? That is for you to decide after you do your own DD.
Published: Feb. 02, 2022
Quote:
When asked what CommentSold is, Kruse says, “I help women sell clothes on Facebook."
https://www.al.com/business/2022/02/huntsvill...value.html
$1B in Market Value?
Heck, Popshoplive that they bought last year was valued at a measly $100M
After selling to CommentSold, Popshoplive is shifting its focus to live shopping for creators
SEPTEMBER 8, 2023
Quote:
By 2021, the company had a valuation of around $100 million.
https://www.modernretail.co/technology/after-...-creators/
CommentSold consolidates live commerce with Popshoplive acquisition
headshot
Aug 22, 2023
Quote:
It generates $3.8 billion in gross merchandise value (GMV) and Popshoplive will add to that amount.
https://www.axios.com/pro/retail-deals/2023/0...solidation
Quote:
About CommentSold
CommentSold is the North American leader in live selling technology, having empowered over 7,000 small to mid-sized retailers with live selling tools, generating over 166 million items sold with $3.8 billion in lifetime GMV .
https://try.commentsold.com/press-room/from-p...-in-sales/
If you skimmed all of the above, you can see some stats can be misleading. The $3.8 billion GMV is really lifetime, but nothing to sneeze at.
The question I was wondering is...how many stores do they really have? The 'about' says 'empowered over 7,000 small to mid-sized retailers' but that sounds past tense, may actually be lifetime to date.
Also, CommentSold didn't have anything like Market.Live as it was more like Bambuser where they just provide the tools rather than a destination. That was until they bought PopShopLive, which in my view, is a lot like WhatsNot and other Pokemon selling sites. See for yourself
https://popshop.live/
So this site says they have 1,351 stores right now and 2,187 last quarter with number of stores declining. Wonder where they are going?
https://storeleads.app/reports/commentsold#:~...20platform.
Thanks to lajet, we know Market.Live has 469 and growing like gangbusters. Won't be long before Market.Live has more stores than CommentSold.
Check out..."Social Media Usage On CommentSold Stores"
Instagram is used by 57.5% of CommentSold stores.
Facebook is used by 50.2% of CommentSold stores.
Facebook Group is used by 33.8% of CommentSold stores.
Maybe 20-25% use TikTok? This is why Market.Live integration into Facebook & Instagram is so important as many of the Market.Live stores/companies maybe better suited to those two platforms and have more followers there then TikTok
In my view, Market.Live has better tech, better integration, actually a destination (not just tools) and growing at a much faster rate than CommentSold which may be going backwards. If CommentSold is valued at $1B or whatever it is, what is Market.Live worth? That is for you to decide after you do your own DD.
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