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Tag: valued

Resale market expected to be valued at $64 billion in 5 years

A ThredUp warehouse. Source: ThredUp Despite the coronavirus pandemic upending much of the retail industry and putting a damper on apparel sales, the secondhand clothing market is expected to boom, according to one online resale marketplace.  The secondhand apparel market is valued at about $28 billion today and is forecast to reach $64 billion within …

Resale market expected to be valued at $64 billion in 5 yearsRead More

Valued at US$ 3bn, Zomato raises US$ 150 mn from Ant Financial

Valued at US$ 3 billion, leading food delivery platform Zomato on Friday announced it has secured US$ 150 million in fresh funding from Ant Financial, a subsidiary of China-based giant Alibaba. With this, CEO Deepinder Goyal-led company has received US$ 840 million funding to date. The latest round of funding in Zomato is part of …

Valued at US$ 3bn, Zomato raises US$ 150 mn from Ant FinancialRead More