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Livestream shopping has made the leap from China t

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Post# of 33005
(Total Views: 650)
Posted On: 12/08/2021 5:51:15 PM
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Posted By: redspeed
Livestream shopping has made the leap from China to the US - November 25, 2021

Ecommerce can be unsatisfying. Live demonstrations from creators consumers trust are filling the emotional gap.

"One of the fastest-growing apps is Whatnot, a livestream shopping app focused on novelty items like Funko Pop figurines, baseball cards and comic books. Last year, the Los Angeles-based company brought in just over 60,000 new users between January and November, according to Sensor Tower. This year, the company gained nearly 805,000 new users in the same period."

"It also raised $200 million in funding, climbing to a valuation of $1.5 billion . Y Combinator Continuity partner Anu Hariharan, one of the service's lead investors, called it "eBay 2.0" in a statement in May."

Gee, what would be the valuation of a shoppable live stream site that has more than novelty items like Funko Pop figurines, baseball cards and comic books?

https://www.protocol.com/livestream-shopping-boom

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