As already established companies like eBay and Pinterest try to blend e-commerce and social networking, a British startup by the name of Depop has created an app from the ground up with this idea in mind. With $8 million in new funding, the company hopes to bring its Instagram-esque e-commerce/social platform to the States.
While eBay tries to get more social and local, and Pinterest deepens is position in e-commerce, a new mobile app out of London is building out a platform that combines all of those experiences together natively. Depop, a mobile app for iOS and Android that is part Instagram-style social network and part eBay marketplace, has raised an $8 million Series A round led by Balderton Capital (formerly Benchmark Capital Europe) and Holtzbrinck Ventures. It will use the funding to expand into the U.S., with new hire Erik Martin, the ex-GM of Reddit, leading the charge.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
James Cameron, the acclaimed director known for pioneering visual effects in movies like Avatar, has expressed strong reservations about generative…
ChatGPT's voice mode has been integrated directly into the main chat interface, making it easier and more natural to use. …
X has rolled out a new ‘About This Account’ feature showing when an account joined, username changes, and importantly, geographic…
WhatsApp has relaunched its "About" feature, which functions similarly to Instagram Notes, allowing users to post short text updates visible…
