Why buying thrifted clothes is getting more appealingGlobal secondhand fashion sales reached $227 billion in 2024, accounting for 10% of global apparel spending, with the trend accelerating, p...
Goodwill tries to figure out online commerceGoodwill, the nonprofit retailer, is expanding its e-commerce presence to generate more revenue and support its mission of providing job op...
Paytm's Q2 scorecard; Indian users log on to online festive salesFintech major Paytm narrowed its losses for the quarter ended September to Rs 291.7 crore compared with Rs 571 crore in the year-ago period...
Poshmark to close marketplace on October 26, exit IndiaPoshmark, the online social shopping platform, has announced that it will be closing its India business on October 26, 2023. The US-based e...
The chatbots are here, and the internet industry is in a tizzyChatbots have ignited a scramble to determine whether their technology could upend the economics of the internet, turn today's powerhouses ...
Elon Musk is definitely buying Twitter this time. MaybeThis week Elon Musk offered to buy Twitter for $44 billion or $54.20 a share – again. Don’t put the popcorn down just yet. Here’s the TL;DR...
US-based online retailer Poshmark will delist from public markets: CEO Manish ChandraPoshmark was acquired by Naver Corp for $1.6 billion - which includes consideration for Poshmark's cash holdings, and the enterprise value ...
South Korea's Naver to acquire US fashion social commerce Poshmark for $1.6 billionPoshmark is the largest fashion consumer-to-consumer platform in North America, with 80 million registered users led by Millenial and Gen Z...
How Serena Williams built a legacy as a cultural icon with her generation-defining on-court stylesShe famously competed in Flushing Meadows in a denim skirt in 2004.
Amazon acquires reseller platform Glowroad in social commerce pushAmazon has acquired the startup in an all-cash deal, a person aware of the matter said. This is the first inorganic bet that Amazon is taki...
Serena Williams's early stage venture capital firm raises $111 millionThe investment firm led by the tennis star is already an active angel investor with a portfolio of 60 companies that includes SendWave, Mas...
Riskier the better is rallying cry of day traders going smallWhile the biggest benchmarks for US equities fell, smaller and more speculative corners posted solid gains. Fueled by day traders, volume i...
WeWork fiasco, Peloton flop endanger Unicorns hoping for big IPOsFitness startup Peloton Interactive Inc. fell 11% below its IPO price on its first day of trading Thursday and extended declines by 2% on F...
There’s no end in sight for the US IPO frenzyPaul Donahue, Morgan Stanley’s head of equity capital markets for the Americas, expects that IPOs will remain busy in the third quarter and...
Inventus Capital Partners to raise its third VC fundThe early stage investment firm is looking to bag $150-m corpus
Selling used fashion brands becoming big business in IndiaSelling old clothes to fund new purchases or buying little-used designerwear are no longer done furtively.
Nobel laureate Michael Levitt to attend PM Narendra Modi's Silicon Valley event"As a fan of so many aspects of Indian life and culture, it will be a distinct pleasure to hear Prime Minister Modi's address," Levitt said.