Wednesday, May 12, 2021

Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B

The funding is being led by EQT Growth, with Accel, Burda Principal Investments, Insight Partners, Lightspeed Venture Partners, and Sprints Capital — all previous backers — also participating. This is a big jump for Vinted, which was valued at $1 billion in its round at the end of 2019 . That, of course, was just before the pandemic hit — a sign of how much the last year has positively impacted both Vinted and that business model as a whole.

It’s a huge deal for the company as well as the country that’s produced the startup. Founded out of Vilnius, Lithuania, in 2008, Vinted has operations across 13 markets — France, Germany, Belgium, Spain, Italy, the Netherlands, Austria, Poland, Czech Republic, Lithuania, Luxembourg, UK and the U.S. — and will be using the funding to double down on that while moving deeper into markets further afield, like its U.S. operation.

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Publisher: TechCrunch
Date: 2021-05-11 23:25:15
Author: Ingrid Lunden
Twitter: @techcrunch
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Connatix Launches Marketplace; Content Creation Made Easy for Publishers

"Publishers are producing more content than ever to keep audiences informed and engaged through the ever changing news cycle. But creating and constantly updating content isn't always easy," explained David Kashak , CEO at Connatix. "The Connatix-produced dynamic videos in the Marketplace help publishers scale their video production capabilities at a lower cost while enhancing existing content and supporting strategic editorial needs. Take sports highlight videos, for example.

"The videos in the Connatix Marketplace can turn the overhead of video content creation into a higher-value proposition for your organization," said Dor Leitman, VP of AI and Content Automation at Connatix. "These videos automatically synthesize and update information to show the latest matchup previews and important stats for sports teams, daily market performance, and historical facts about the day that change based on the reader's timezone.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Connatix
Twitter: @PRNewswire
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Marketplace unicorns valuations soar to $5 trillion as

London and Oslo, 12 May 2021: The global value of marketplace unicorns has soared by 70% since January 2020, fuelled by a rise in innovation and adoption as a result of Covid and record-breaking levels of VC investment, according to new figures.

Data from The Future of Marketplaces report – the first in an upcoming series of reports compiled by Dealroom.co on behalf of Adevinta Ventures and investors Speedinvest – show that marketplace unicorns are now worth a combined total of $5 trillion and there are 30 marketplaces, globally, that are worth more than $20 billion.

Publisher: GlobeNewswire News Room
Date: 5/12/2021 6:11:10 AM
Author: Adevinta ASA
Twitter: @globenewswire
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ChaosSearch Now Available in AWS Marketplace to Meet Fast-Growing Customer Demand - Container

BOSTON, MA – May 11, 2021– ChaosSearch today announced immediate availability of the ChaosSearch Data Lake Platform in AWS Marketplace. ChaosSearch empowers AWS customers to Know Better TM , while delivering on the true promise of data lake economics. ChaosSearch indexes a customer's cloud data rendering it fully searchable and enabling data analytics at scale with massive reductions of time, cost and complexity.

ChaosSearch runs natively on AWS S3 object storage, providing value-added services that deliver an excellent customer experience. While many companies use S3 to stage data for other forms of analytic processing, ChaosSearch activates S3 to serve on-demand analytics, without requiring customers to move data or change any of their existing analytics tools.

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Publisher: Container Journal
Date: 2021-05-11T18:11:18 00:00
Twitter: @ContainerBlog
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How is Broadway getting ready to reopen? - Marketplace

“Hamilton,” “Wicked” and “The Lion King,” three of Broadway’s highest-grossing productions, will resume performances Sept. 14. The announcement comes after New York Gov. Andrew Cuomo gave theaters the green light to open at full capacity starting May 19. Broadway shut down indefinitely March 12, 2020, and the pandemic has caused some productions to close permanently.

Ryssdal: I imagine so. Given the news of the day, right, the big three are getting going and you are getting going. I imagine you must be honestly just over the moon.

Publisher: Marketplace
Date: 2021-05-11T22:14:37-07:00
Twitter: @Marketplace
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More Oregonians signing up for health coverage at state Marketplace - KTVZ

SALEM, Ore. (KTVZ) – People in Oregon are enrolling in health coverage at a much higher rate than this time last year. As of April 30, more than 10,100 people in Oregon have newly enrolled in health coverage through the Marketplace, an increase of 31 percent over people who enrolled during this time last year and 80 percent more than enrolled during the same period in 2019.

Higher enrollment in the Marketplace from Feb. 15 through April 30 is likely due to the COVID-19 special enrollment period, which is open to anyone who needs health coverage and is eligible to shop through HealthCare.gov. This special enrollment period continues through Aug. 15, 2021.

Publisher: KTVZ
Date: 2021-05-11T17:49:21 00:00
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Chinese insurtech raises mega-round for marketplace offering - Insider Intelligence Trends,

Yuanbao raised nearly 1 billion yuan ($144.9 million) in a Series C funding round that was led by Source Code Capital and included Cathay Capital and Hike Capital, per Deal Street Asia. The insurtech only launched last year and holds a national insurance brokerage license. It operates as a marketplace, selling coverage options from third-party insurers. It will use the fresh capital to fund the R&D of its core technologies and build smart insurance services.

Publisher: Insider Intelligence
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Online marketplace eBay to allow NFT sales

According to a Reuters report, eBay users who meet certain criteria on the platform will be permitted to list NFTs. The company added that it would expand its policies and tools surrounding digital collectibles in the future.

"In the coming months, eBay will add new capabilities that bring blockchain-driven collectibles to our platform," said eBay's North America senior vice president, Jordan Sweetnam.

The report comes almost exactly one week after CEO Jamie Iannone said the platform would be "exploring opportunities" to enable NFTs on the platform "in an easy way." The CEO said buyers and sellers were already able to deal in NFTs on eBay but that the platform had not yet simplified the process. Iannone said at the time that the company was also considering introducing crypto payment options.

Publisher: Cointelegraph
Twitter: @cointelegraph
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Peak Design Launches a Marketplace to Buy and Sell Used Peak Gear | PetaPixel

Peak Design claims that it has removed the middleman from used gear transactions and has thus created a streamlined customer experience as it directly connects buyers with sellers, which also eliminates unnecessary and wasteful repackaging and additional shipping.

The company explains that “traditional used gear platforms often rely on intermediaries to facilitate transactions and to inspect, certify, repackage and reship gear,” which is a method that “creates inefficiencies and waste, leading to a subpar experience for buyers, sellers, and the planet.”

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Publisher: PetaPixel
Date: 2021-05-11T07:01:02 00:00
Twitter: @petapixel
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'A bizarre, magical land': an etiquette guide to Facebook Marketplace

For the most part, Facebook Marketplace is a magical, if bizarre land. It's a place you can find houses and cars being sold alongside Anzac Day commemorative painted saws and terrifying dolls that look like possessed toddlers (a bargain for just $1000). But there's something about going on Marketplace that seems to make people forget their manners.

Like many people, my family has been clearing out stuff we no longer use and passing it on to other people on Facebook to make space for new stuff we may or may not use. This has meant that I've gotten to interact with people who I'm not quite sure are ready to be a part of society. And so, here I offer some advice, an etiquette guide, if you will, to make this experience better for everyone.

Publisher: The Sydney Morning Herald
Date: 2021-05-12T02:56:55 00:00
Author: https www facebook com aliceclarkejournalist
Twitter: @smh
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