Whatnot’s valuation doubles to $3.7B as livestream shopping gains popularity in US

Livestream shopping in the United States has a ways to go to catch up with China’s booming $600 billion industry, but Whatnot’s new $260 million Series D round shows that shoppers stateside are increasingly embracing this way of buying and selling items.
The new investment was co-led by DST Global and returning investor CapitalG, and more than doubles the live shopping platform’s valuation to $3.7 billion, up from the $1.5 billion valuation in September 2021, when Whatnot raised $150 million. Also participating in the round were BOND and returning investors Andreessen Horowitz and YC Continuit

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