💵Fleek Secures $20M to Transform Wholesale Second-Hand Clothing Market
Fleek, a marketplace connecting second-hand clothing wholesalers with retailers, has raised $20 million to expand its global platform, aiming to simplify sourcing for resellers and bring structure to the fragmented industry.
💵Fleek Secures $20M to Transform Wholesale Second-Hand Clothing Market
Fleek, a marketplace connecting second-hand clothing wholesalers with retailers, has raised $20 million to expand its global platform, aiming to simplify sourcing for resellers and bring structure to the fragmented industry.
At its heart, Telegram is little more than a messaging app like WhatsApp or Signal. But it also offers open channels that enable a single user, or a group of users, to communicate with large numbers in a method similar to a Twitter account. This has proven to be both a blessing and a curse for Telegram and its users, since these channels can be used for both good and ill. Right now, as Wired reports, the app is a key way for Ukrainians to receive updates from the government during the invasion. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future. Telegram was founded in 2013 by two Russian brothers, Nikolai and Pavel Durov. On Feb. 27, however, he admitted from his Russian-language account that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events." "There are several million Russians who can lift their head up from propaganda and try to look for other sources, and I'd say that most look for it on Telegram," he said.
from kr
