Quince Raises $500M, Valued at $10B, Disrupting E-commerce
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Quince secures $500M Series E funding, doubling its valuation in a year, with Iconiq leading the round. The e-commerce giant, known for affordable cashmere, now offers clothes, home goods, accessories, beauty, and wellness items. Despite lawsuits, Quince hit $1B in revenue and expanded into Canada, praised for its manufacturer-to-consumer model and high-quality, low-price offerings.
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