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Livestream shopping app Whatnot raises $265M, pinning valuation at nearly $5B | TechCrunch

Whatnot, the platform that allows users to sell items such as trading cards, comics, and sneakers through live videos, announced on Wednesday that it has secured $265 million in a Series E funding round, a significant investment for a livestream shopping platform. This round puts Whatnot’s valuation at $4.97 billion. The investment marks an important milestone for Whatnot and highlights the potential for livestream shopping to grow in the U.S. The considerable amount raised reflects investors’ b...

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