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Whatnot raises 545 million US dollars in Series G round

Whatnot, the biggest live commerce platform in the UK, Europe and North America, has closed a 545 million US dollar Series G round, valuing the company at 20 billion US dollars, nearly doubling its valuation in less than a year. The round was led by Iconiq, Lightspeed and Avra, with new investors, including Kleiner Perkins, Wellington...

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Business

Retail Insights Report 2025: The evolution of buying in fashion retail

Fashion retail has reached a structural inflection point as the industry shifts from intuition-based buying to data-first decision-making. According to the 'Retail Insights Report 2025' by US-based B2B platform NuORDER by Lightspeed, 68 percent of senior retail leaders now rely on quantitative data as their primary forecasting tool. The study,...

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Business

Lightspeed launches B2B platform for North American retailers

Lightspeed Commerce has announced the launch of a business-to-business (B2B) platform for North America-based retailers within the fashion, outdoor and sports sectors. Its launch follows Lightspeed’s acquisition of NuOrder, a B2B re-commerce platform, into the Lightspeed Retail system. “We saw an enormous opportunity to transform how retailers...

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