Livestream shopping app Whatnot secures $265M funding, aiming to expand into new categories and markets.

Livestream shopping app Whatnot has raised $265 million in a funding round, boosting its valuation to nearly $5 billion. The company, which competes with TikTok Shop, plans to use the funds to expand into new categories like art and golf, improve seller tools, and enter new markets such as Australia. Whatnot hosts over 175,000 hours of livestreams weekly, selling items like collectibles and niche products.

3 months ago
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