StockX Closes $110 Million Round, Hires CEO
The Series C round values the online sneaker and apparel marketplace at over $1 billion, and was funded by DST Global, General Atlantic and GGV Capital along with earlier investors GV and Battery Ventures. The money is earmarked for financing the company’s international expansion into the European and Asian markets including opening brick-and-mortar stores, and also broadening the product categories is sells. In the three years since its launch, StockX has grown to 15 million monthly active users and more that $1 billion in annual ... Log in to view full article.