A company that bills itself as a stock market for sneakers is worth $1 billion. Now it wants to abolish fixed prices for collectibles altogether.

StockX is a sneaker and collectible resale platform that uses historical data to help buyers and sellers find out what items are really worth. The company recently nabbed a $1 billion valuation based on investors' confidence in the business' ability to grow globally and the end of fixed pricing. Its next ambition is moving behind resales into what it calls"IPOs" — or initial product offerings — to help brands find out what their goods are really worth.

StockX is a sneaker and collectible resale platform that uses historical data to help buyers and sellers find out what items are really worth. The company recently nabbed a $1 billion valuation based on investors' confidence in the business' ability to grow globally and the end of fixed pricing. Its next ambition is moving behind resales into what it calls"IPOs" — or initial product offerings — to help brands find out what their goods are really worth.

変わり者の市場

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what this $1 trillion money manager is watching in the ETF marketAs Vanguard ETFs top $1 trillion in assets under management, its chief Rich Powers has his eye on concentration, fees and factor-based ETFs. ETFEdgeCNBC Is that french for 'they are getting ready to short the market?'
Source: CNBC - 🏆 12. / 72 Read more »

He Was Employee Number 7 At Tesla And Now Has Built A $1 Billion Business That Makes Your Phone Or Car Run LongerGene Berdichevsky was one of the early team members at Tesla. Now he’s building his own unicorn startup, Sila Nanotechnologies, which is valued at over $1 billion. One which looks like it will fuel every way you travel from the road to being in the air.
Source: Forbes - 🏆 394. / 53 Read more »