Trivia question: What’s the fastest growing segment of the retail sector? The answer may surprise you… It’s the resale market – where consumers buy used clothes that are selectively sorted, processed, and curated for sale by third-party platforms. According to research from GlobalData Market, the resale market is expected to grow from $7 billion in […]
IPO
Coinbase to Skip Traditional IPO in Favor of Direct Listing
Coinbase, the leading cryptocurrency exchange in the U.S., is expected to have a direct listing on the Nasdaq. At first, the company was considering listing on the NYSE, which has handled direct listings for popular technology companies such as Spotify (NYSE: SPOT) and Slack (NYSE: WORK). Choosing a direct listing allows the company to forgo […]