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Meta slapped with a โ‚ฌ798M fine in Europe over anticompetitive Marketplace practices

Meta, the parent of Facebook, Instagram and WhatsApp, has been hit with yet another huge regulatory fine in Europe, this time over abusive practices related to Facebook Marketplace. The European Commission announced that it would fine Meta โ‚ฌ797.72 million โ€” nearly $840 million โ€” for breaching EU antitrust rules connected to how it ties its [โ€ฆ]

ยฉ 2024 TechCrunch. All rights reserved. For personal use only.

Influur wants to standout from other influencer marketplaces by promising timely payout

As the influencer economy grows, startups like PassionFroot, Agentio, and One Impression, along with social platforms like Instagram, YouTube, and TikTok are trying to build marketplaces to connect brands with creators. Miami-based startup Influur, is banking on two unique aspects of its platform: quick response from creators and financial tools to ensure they are paid [โ€ฆ]

ยฉ 2024 TechCrunch. All rights reserved. For personal use only.

Pinstripe wants to redefine the way online sellers sell secondhand clothing

Pinstripe aims to reimagine the secondhand market by offering sellers the opportunity to have both a digital storefront and a physical retail presence. Launched in June, the platform offers an alternative approach compared with other marketplaces like Archive, Depop, Facebook Marketplace, and Poshmark. With Pinstripe, sellers take their clothes to local consignment stores, vintage shops, [โ€ฆ]

ยฉ 2024 TechCrunch. All rights reserved. For personal use only.

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