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'90s TV Star Topanga Is A Sneaker Head: Her 5 Favorites
Friday, July 7, 2023 - 1:38pm | 776People who grew up in the 1990s will remember the hit television series “Boy Meets World.” Known for her role as Topanga, actress Danielle Fishel surprised fans Friday when she revealed that she is a sneakerhead, a phrase used for collectors of sneakers. What Happened: Fishel said she...
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This Toy Is Selling For 15,900% More Than Its Original Price Ahead of Christmas
Thursday, December 15, 2022 - 5:37pm | 513If you have kids or have to buy gifts for any kids, there’s a good chance you’re familiar with Funko Pops. The toys are small bobblehead-esque figurines of popular characters such as Luke Skywalker and Superman that are sold around the world at various stores such as...
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Nike Sues StockX Over Vault NFT Series: What Investors Need To Know
Friday, February 11, 2022 - 4:06pm | 575Nike Inc (NYSE: NKE) is taking legal action against a shoe reseller that has the potential to lay the groundwork for the reach of trademark law across the cryptocurrency space. What Happened: Nike filed a lawsuit against StockX, alleging that the clothing reseller used...
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Sneaker, Streetwear Marketplace StockX Said To Aim For IPO Within 6 Months
Thursday, January 13, 2022 - 12:44am | 385eBay Inc (NASDAQ: EBAY) rival StockX, an online exchange for sneakers and street apparel, is aiming to go public as soon as the first half of 2022, according to a Bloomberg report. What Happened: The Detroit-based company is roping in Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc (NYSE: GS...
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eBay Making Moves To Protect Market Share In Sneaker Industry
Monday, November 29, 2021 - 6:28pm | 362eBay Inc (NASDAQ: EBAY), one of the world’s largest online resellers, on Monday acquired Sneaker Con Digital’s authentication business. This authentication service verifies the legitimacy of high-end footwear. What You Need To Know: eBay is making strides to protect its market...
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MLB Drops Topps After 70 Years, Trading Card SPAC Deal Terminated
Friday, August 20, 2021 - 10:32am | 769One of the most talked about SPAC deals in the sports world has been terminated and will not go through as originally agreed upon. What Happened: Topps, the iconic trading card company that started producing Major League Baseball (MLB) cards in 1951, was set to go public once again with a $1.3...
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Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
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StockX Valued 35% Higher At $3.8B In Latest Funding
Thursday, April 8, 2021 - 5:00am | 464StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. What Happened: StockX raised $195 million in a secondary tender offering and an...
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Fintech Focus For April 6, 2021
Monday, April 5, 2021 - 5:51pm | 1606Quote To Start The Day: [S]tock declines of 30-40% are overdone, and growth names should begin to re-inflate. True, interest rates will likely rise over time. However, they still hover near record lows, and borrowers of all shapes and sizes can afford to pay more. Source: Adam Johnson One Big...
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Fintech Focus For December 18, 2020
Thursday, December 17, 2020 - 6:54pm | 1735Quote To Start The Day: Our fundamental work shows that bitcoin should be worth around $400,000. Source: Scott Minerd One Big Thing In Fintech: Robinhood Markets will pay $65 million to settle allegations that it failed to properly inform clients it sold their stock orders to high-frequency...
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StockX Raises $275M; The 'Stock Market Of Things' Now Valued At $2.8B
Wednesday, December 16, 2020 - 9:55am | 550StockX, the "stock market of things," raised $275 million in a new Series E funding round. What To Know: StockX raised $275 million at a valuation of $2.8 billion in a funding round led by Tiger Global. The company was valued at $1 billion in June 2019. This marks the largest VC funding...
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PlayStation 5, Xbox, And Sneakerheads Drive StockX GMV To Record Highs Over Cyber Weekend
Tuesday, December 1, 2020 - 10:34pm | 322StockX said Tuesday it recorded a two-fold growth in daily gross merchandise value (GMV) during Cyber Weekend compared to last year. What Happened: The online marketplace, known for being a reseller of sneakers, said its daily GMV averaged 100% growth compared with the same four-day period...
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PlayStation 5 Consoles Topping $800 At Reseller Site
Sunday, November 22, 2020 - 8:46pm | 275Sony PlayStation is in stock and available — if you're willing to pay upwards of $800 for it. Resellers: StockX, a reseller site, has been selling the new PlayStation 5 consoles at a steady clip for prices well over Sony Corporation's (NYSE: SNE) $399 official price tag for a PS5...
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Cramer Grills eBay CEO On M&A, Suggests StockX Acquisition: 'The World's Your Oyster'
Wednesday, July 29, 2020 - 4:29pm | 629Jim Cramer asked eBay Inc (NASDAQ: EBAY) President and CEO Jamie Iannone about the possibility of acquiring StockX, the Detroit-based secondary market for sneakers and other items, during a "Squawk on the Street" segment on Wednesday. Cramer, who called StockX “...
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Why StockX Activity Is Up 50% Year-Over-Year: A Rally In The Stock Market Of Things
Friday, July 17, 2020 - 3:49pm | 411Detroit-based startup StockX said this week that May and June were two of the biggest buying months in the company's history. What Happened: StockX, which markets itself as the “stock market of things,” has become one of the leading secondary markets for verticals ...