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Coresight: US livestream shopping sales could hit $32B in 2023; PitchBook: investors poured $380M+ into US live shopping companies in 2022, up from $36M in 2020

New York Times :

New York Times

Discussion

  • @nytimes @nytimes on x
    Poshmark is one of many companies trying to break into the U.S. live shopping market, where people buy and sell products in real time over video. Live shopping is a huge hit in China, but American consumers have yet to take to it in the same way. https://www.nytimes.com/...
  • @nytimestech @nytimestech on x
    “We believe shopping is not just about transaction. It's about experience,” the chief executive of the live shopping start-up ShopShops, tells @JordynJournals and @KalleyHuang. Live shopping can simulate “an offline shopping experience online,” she added. https://www.nytimes.com/…
  • @jordynjournals Jordyn on x
    Livestream shopping seems to finally be making its way over to the U.S. ⁦@KalleyHuang⁩ and I took a look at this emerging trend and the various ways companies like Poshmark, TikTok and Amazon are trying to make it a thing for US shoppers https://www.nytimes.com/...
  • @mayfieldfund Mayfield on x
    “There's just an insane level of excitement that we have seen...In a very few short months, they're proving that this form of live shopping works.” @Poshmarkapp Co-founder & CEO @marrc discusses Posh Shows with @nytimes: https://www.nytimes.com/...