Live video shopping
101-200 employees
Job no longer available
$175-200k
101-200 employees
To give consumers exclusive access to items and products from some of the world's biggest brands and artists, reinventing online shopping. Its eCommerce platform allows users to join livestream shopping episodes, shaping the future of retail and eCommerce.
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-9% employee growth in 12 months
Sep 2021
$50m
LATE VC
Sep 2019
$10m
SERIES A
NTWRK is a dynamic video content platform where celebrities sell products during live shows. Replicating a model that has seen massive success in Asia, the platform targets mainly Gen Z and Millenials. They have already partnered with major brands, including Glenmorangie, Campbell, Cheetos, and Hasbro, as well as celebrities, including Billie Eilish, Alexandra Wang, and DJ Khaled.
The platform sells digital products live on air through daily shoppable episodes. These are typically exclusive or limited edition products, although the company has recently branched out to offer NFTs.
It's a telling sign that other established digital brands such as Amazon, Facebook, and Buzzfeed are trialing live shopping platforms to see whether they can also find success with this new sales channel. NTWRK claims to have more than 2 million consumers and has brokered strategic partnerships with Snapchat to share ad revenue and with Spotify on music-related collectibles. The company is banking on the fact that although live video shopping has not yet cut through to the mainstream, NTWRK will be ready to capitalize on a new era of shopping when it truly arrives.
Steph
Company Specialist at Welcome to the Jungle