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The Trump trade war has gone viral on TikTok, pushing a Chinese e-commerce app, DHgate, to the top of the Apple App Store in the U.S. After Trump increased U.S. tariffs on Chinese imports by 145%, numerous Chinese suppliers and manufacturers began making TikTok videos explaining to consumers how the global luxury goods market actually … Read more
Fashion goes in and out of style, and so, it turns out, do fashion startups. Lyst — the high-end fashion marketplace with 160 million users that was once valued at $700 million — has been acquired for just $154 million in an all-cash deal. The buyer is Zozo, a Japan-based fashion and e-commerce business. Zozo … Read more
X2Y2 is closing its marketplace after three years, acknowledging the decline of NFT trading and shifting focus to AI. NFT marketplace X2Y2, which was launched as an alternative to OpenSea and LooksRare, will shut down on April 30, citing a steep decline in trading activity and the challenges of staying competitive. In a March 31 … Read more
Ross Ulbricht, the founder of Silk Road, faces eBay verification delays after his pardon. Will he launch a new marketplace in 2025? Regulatory challenges are expected as firms are likely to steer clear of associating with him after spending over 12 years in jail before Donald Trump’s pardon. Ross Ulbricht, credited with popularizing Bitcoin and … Read more
Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy. Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Christina Tosi, the founder of Milk … Read more
Influencers and others turn to the service as a way to monetize their closets. Read More
TikTok is preparing to sunset its creator marketplace in favor of a new, more expanded experience, the company has informed businesses and creators via email. The online platform, which connects brands with creators for collaborating on ads and other sponsorships, will stop allowing creator invitations or the creation of new campaigns as of Saturday the … Read more
Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use in 2024. Now, a … Read more
The Dubai Virtual Asset Regulatory Authority (VARA) granted Tokinvest, a real-world asset investing marketplace, a full market license on January 14th, making the company the first within Dubai DMCC International Business District to secure an operational VARA license. As a VARA-certified licensee, Tokinvest’s platform is accessible to a broader set of audiences. Scott Theil, CEO … Read more
Adding an in-house communication service known as “ChatMe,” a cryptocurrency exchange (Huione Crypto), and US dollar-backed stablecoin (“USDH”) suggests that Huione Guarantee is looking to become a truly full-service, self-sufficient platform. The website for USDH, the Elliptic researchers say, describes it as “not restricted” by regulators around the world and says that it “avoids the … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4