A one-year-old startup that is building a business-to-business marketplace for merchants in Pakistan and also helping them digitize their bookkeeping is the latest to secure a mega-round in the South Asian market.
Bazaar said on Tuesday it has raised $30 million in a Series A round. The new financing round — the largest Series A in Pakistan — was led by Silicon Valley-based early-stage VC Defy Partners and Singapore-based Wavemaker Partners.
How the "economic fundamentals" of opium undermined U.S.
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Clemens: Sure. So you know, when we think about why Afghanistan has played such a major role in the global trade in opiates, there are a few, you know, in some ways, very mundane reasons why that’s the case.
An old marketplace has a new look as a public company
Diamond Marketplace Debuts With An Elon Musk Signed Tesla And A Matching NFT
What Happened: DeFi company HODL has partnered with U.S.-based memorabilia company Autographia to launch a new NFT platform – The Diamond Marketplace.
The item will be paired with a one-of-one nonfungible token (NFT) of the model Tesla, exclusive tokenized video proof, and a Beckett Letter of Authentication NFT.
Urban Outfitters Launches Peer-to-Peer Resale Marketplace | BoF
"[Urban] has been in the vintage renewal business since our founding in 1970," Richard Hayne, chief executive and chairman, said in a statement.
The US resale market was worth about $27 billion in 2020, according to a recent BoF Insights report, and could reach as high as $67 billion by 2025. A May global survey of about 6,000 respondents found that 58 percent of consumers have purchased secondhand apparel.
Viamedia's QTT ad marketplace launches with A+E, Fox and more onboard | FierceVideo
Viamedia's QTT, a video platform for digital and TV advertising technologies, today launched its marketplace with partners including A+E Networks and Fox.
QTT Marketplace is described as an open platform for advertisers and agencies accustomed to digital to access local and national television inventory and for television inventory owners to tap more directly into the digital ad pool.
Rocket Auto launches consumer-facing online vehicle marketplace
Detroit — Rocket Auto on Tuesday launched an online vehicle marketplace for consumers, the latest step forward in the company's nascent push to become a major player in the automotive retail space.
"Consumers have always wanted a better search and selection experience as they navigate through marketplaces," You said in an interview Tuesday.
A+E, Fox join with Magnite in QTT Marketplace | Radio & Television Business Report
LOS ANGELES — Buyers and sellers of linear television ad inventory now have a fully transparent solution enabling them to automate and expedite the activation of data-driven linear video inventory without changing existing workflows or technologies.
Pakistani blockchain marketplace completes record $30M raise
Pakistani blockchain-powered business-to-business (B2B) marketplace, Bazaar Technologies, has secured $30 million in the country's largest Series A round to date.
Bazaar announced the closure of its latest raise on Aug. 24, revealing that th Silicon Valley-based Defy Partners and Singapore's Wavemaker Partners had led the funding round.
Walmart plans to start making local deliveries for retailers - Marketplace
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There’s a new player in the business of delivering retail orders over that challenging “last mile” — Walmart.
The company announced Tuesday that it is expanding its delivery service to handle shipments from other businesses, even local shops.
Happening on Twitter
Pakistan's B2B marketplace and digital ledger platform Bazaar raises $30 million https://t.co/typNVsUBup by @refsrc TechCrunch (from San Francisco, CA) Tue Aug 24 05:16:05 +0000 2021
- Many congratulations to @BazaarTechPK for raising $30M funding, hitting Pakistan's largest Series A round. Hats o… https://t.co/zKMFBFSkhz wasimakramlive Tue Aug 24 06:35:17 +0000 2021
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