Danggeun Market , the startup behind Karrot , South Korea's largest neighborhood marketplace and community app, announced today that it has raised a $33 million Series C. The round was led by Goodwater Capital and Altos Ventures.
The funding brings Danggeun Market's total raised so far to $40.5 million. Its list of investors also include Kakao Ventures, Strong Ventures, SoftBank Ventures and Capstone Partners. Danggeun Market, which launched Karrot in the United Kingdom last November, will use part of the funding to expand into more international markets and increase its monetization tools.
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Pulaski Marketplace opens for 2020 | The Southwest Times
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The Marketplace, sponsored by the Town of Pulaski, traditionally features locally produced food, crafts and music and takes place at the town’s train station. Tuesday, the Marketplace opened for the first time in 2020.
This year’s Marketplace had a decidedly different feel, however. Normally, vendors of various items would be lining the sides of the train station to sell their wares to smiling crowds made up mostly of locals. The smell of food would waft through the air, as a band played upbeat tunes. Inevitably, someone would start dancing, as children played and laughed around the perimeter of the gathering.
Crypto Firm Uquid Launches Marketplace- 30,000 Digital Products, Bitcoin Cash Support | Bitcoin
The company Uquid launched in 2016 is one of the earliest cross-border digital services with a blockchain-friendly payment system. The startup was one of three blockchain-based companies to be selected by Techcrunch back in 2017.
During the last week of May 2020, Uquid revealed the launch of the Uquid Shop and a global expansion that provides customers with “a large variety and diversity of services like mobile phone top-ups, insurance, electricity bills, grocery vouchers, pharmacy vouchers, TV bills, pin-less call, wifi recharge, bundles, gift cards, games, and software.” Uquid has also completed over 11 million transactions during its first year of operation.
Despite COVID-19, U.S.-China trade war still on - Marketplace
The COVID-19 pandemic has shuttered much of the global economy so far this year, but one thing it didn’t stop: the U.S.-China trade war. Tariffs on billions of dollars of Chinese imports stayed in effect, and further trade negotiations were paused as the world fought the outbreak.
Now, new reports say the Chinese government has ordered a stop to imports of U.S. agriculture, which the U.S. and China agreed to as part of the “phase one” trade deal back in January.
Not to change the topic here:
How can government revitalize distressed neighborhoods? - Marketplace
As protests around the country shine a light on economic inequality, there will be calls for more investment in disadvantaged neighborhoods. Speaking at the Kennedy Space Center on Saturday, President Donald Trump said that building up distressed communities is a "top priority" of his administration.
Kai Ryssdal: So as I said in that introduction, there will be calls for and need for investment in some of these cities that have been damaged. The American government has tried this before, right? Give me the highlights, would you?
Cities pay millions in police misconduct settlements - Marketplace
Instances of police misconduct, however, come with their own costs: costs to the psyche, costs to community trust and economic costs. It’s not just direct financial costs to municipalities and taxpayers, though. There are long-term, generational economic tolls that come as a consequence of police brutality.
In a 2017 University of Hawaii Law Review article titled “How Much is Police Brutality Costing America?” author Eleanor Lumsden lays out several examples:
New Marketplace Platform Vintro Launches for All Entrepreneurs Democratizing Access to Funding
Aiming to simplify the business development process, Vintro's decisionmakers, known as 'reviewers,' are compensated for their time to review new ideas, products or services from entrepreneurs or ventures, the community's 'creators,' via a 90-second video. With 65% of reviewers available for between $25 and $300, creators are guaranteed constructive feedback, advice or next steps via a video or audio message.
The Vintro community already consists of hundreds of successful entrepreneurs, billionaire family offices, leading venture funds, industry experts, Nobel Prize winners and academics from across the globe. Many have joined the platform because they see enormous potential in democratizing access, discovering talent from previously untapped innovation sources and letting good ideas rise to the top due to merit and creativity.
Adevinta ASA (ADE) - Online marketplaces ready to rally as economies look to recover from
The rise of the passion economy
Another winner from the crisis is likely to be the so-called 'passion economy' - the use of digital services to facilitate people's passions and hobbies whether they be knitting, photography, crafting or studying.
The marketplace opportunity
The crisis has underlined the value of online marketplaces, showing that where supply is unlocked, this sector has the ability to solve some of the world's most pressing social issues. For example, car ownership and congestion in cities can be replaced by vehicles that are shared through a marketplace.
Happening on Twitter
Danggeun Market, South Korea's biggest secondhand marketplace app, raises $33 million Series C https://t.co/j7xlgRN8iG by @catherineshu TechCrunch (from San Francisco, CA) Mon Jun 01 20:01:26 +0000 2020
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