The daily deals site for moms and kids filed a $100 million initial public offering (IPO) today, the first deals site since Groupon to go public.
Touch of Modern has resolved its legal differences with Fab, making it a safer bet for investors. The company today netted $3 million in venture funding.
TikTakTo combines flash sales, product search, social features and daily deals to create “the ultimate online shopping experience.”
Fab is blowing away all its previous sales numbers — and for retail, late November is just the beginning.
Here’s a sneak peek at the new iOS app lineup for Fab.com. The startup’s previous lineup was so last year.
The first app from flash sales retailer PLNDR aims to make it easier for its 1.7 million users to make purchases away from their computers.
We have several funding stories for you today, including several startups just getting seed funding. If you’re hankering for more details from each deal, click the links in each paragraph. As always, send funding news our way at email@example.com
Guest Post After working from his bedroom for two and a half years, Jason Ross launched JackThreads — a men’s online shopping club that had yet to establish a payment system via credit cards — in 2008. His first online sale featured a single brand and only sold three items, but the company quickly acquired several hundred members in the first three months. Today, JackThreads has almost 2 million members, over 500 brands and over 60 employees. The flash-sales company was bought by Thrillist in 2010 for an undisclosed amount, but Ross continues to lead the company’s daily operations. Here, Ross shares his highs, his lows, his best advice and what he thinks is next for the online retail industry.
For Shane Rahmani, who spent the past four years working on digital strategy and operations at MTV, moving to Thrillist, a lifestyle company aimed at hip, young men, wasn’t too bad of an adjustment.
Fab.com, the design-focused flash sale site, has been going gangbusters lately. Today, the company announced a slew of changes aimed at a global takeover.
Sulky James Dean model needs a new gig
Fab.com, the flash sales site for design-oriented products, is seeing its pivot pay off in a big way.
Soon, the rest of the world will be able to take advantage of Gilt.com’s discounted designer wares.
Exclusively.In, a site that offers deals on Indian-inspired fashion, just announced that it has raised $16 million in a second round of funding.
New York-based Ideeli, a members-only shopping community — known commonly as a “Flash sales” site — has raised $41 million in its third round of funding.
The second wave of e-commerce is coming, buoyed by a flood of fresh cash. European flash-sales site operator Privalia, which offers short-term, steeply discounted fashion deals in Spain, Italy, Brazil, and Mexico, is expanding to Germany with a $280 million acquisition of rival Dress-For-Less.
Gilt Groupe has built a big business from flash sales, where consumers converge on a particular shopping deal for a limited time. And now the company is shopping for its own investment deal.
A new wave of e-commerce is coming, backed by tends of millions of dollars from Silicon Valley’s savviest investors, that’s reinventing more than just how consumers shop online.
Accel Partners, the venture capitalists behind Facebook, have a lot in their shopping bag. The latest bauble they’ve picked up: part of a $47 million investment in Showroomprive.com, a European members-only sales site.
Twitter is testing group deals and flash sales through a special EarlyBird account as it fleshes out yet another revenue stream.