Marketplaces & eCommerce – Issue 4
A $329 Hatchanimal and the challenge of online marketplaces! In the past few weeks, legions of consumers have started their holiday shopping sprees. And some of them were not happy about the price tags they saw on Walmart’s website for sought-after gifts.
The Toronto-based online marketplace has raised $134 million to date and is updating its customer protection policies, debuting a new Safety Pledge this month to further promote its biggest selling point: That real-time human oversight will keep VaragSale uses from having any run-ins with crooks, trolls, or perverts.
Mum Zoe Upson, 28, from Leigh, sets up online baby clothes marketplace to help parents and charities
Preloved Bebe is an online marketplace that offers affordable children’s clothing to other discerning parents at the click of a button while also helping the local community. It provides sellers with the option to request “donate to charity,” “recycle,” or “send back” should items not match the re-sale criteria.
Traditionally consumers have been focused on owning things – from cars to record collections. However, the ‘ownership’ obsession is on its way out and is paving the way to the subscription economy. The rise in this non-ownership culture is changing the way people interact with businesses and their surroundings. At the heart of this shift are people who are happy to subscribe to the outcomes they want, when they want them, without an outright purchase.
Shift Technologies, an online marketplace for used cars, is partnering with rental car giant Hertz Global Holdings as the startup looks to expand its offerings beyond San Francisco and Los Angeles. Under this partnership, Shift will feature vehicles from Hertz’s fleet inventory, which will give Hertz access to a new retail sales channel; while Shift will benefit from the rental car company’s ready supply of lightly-used cars.
This private jet startup, which offers private and shared chartered jets and even helicopter rides, has raised $105 million thus making it one of the highest-valued startups in the sector of all-you-can-fly services, an emerging cohort of startups that offer scheduled trips on private airplanes for those who can afford the membership fee.