ShopThing raises $10M to scale its live video shop
Post# of 32974
(Total Views: 316)
Posted On: 03/29/2023 7:02:55 PM
ShopThing raises $10M to scale its live video shopping marketplace - March 23, 2022
https://techcrunch.com/2022/03/23/shopthing-1...rketplace/
Comments...
Capital markets haven't totally dried up. Wonder what the valuation was. Series A is the first round after seed.
Different model than Verb's MARKET as they send shoppers into actual stores.
Interesting they are going to charge a subscription fee. Done right, that can be another revenue driver like it is for other companies with that model (i.e. Amazon).
https://techcrunch.com/2022/03/23/shopthing-1...rketplace/
Comments...
Capital markets haven't totally dried up. Wonder what the valuation was. Series A is the first round after seed.
Different model than Verb's MARKET as they send shoppers into actual stores.
Interesting they are going to charge a subscription fee. Done right, that can be another revenue driver like it is for other companies with that model (i.e. Amazon).
Quote:
“In terms of the future, we’re going to launch a membership program that will give our customers exclusive access to benefits and perks.”
Adhami-Boynton said the membership will have a monthly fee and that the company is looking to launch the program in the second quarter of the year.
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