Poshmark Inc. said late Friday it confidentially submitted to securities regulators a draft registration statement for its initial public offering. The number of shares to be offered and the price range are yet to be determined, the Redwood City, Calif., company said in a press release. The IPO is expected to start after the Securities and Exchange Commission completes its review process, subject to market conditions.
Johnson & Johnson’s investigational COVID-19 vaccine entered Phase 3 clinical trials this week, making it the fourth vaccine candidate in the U.S. to do so and providing additional details that can help investors differentiate the pool of late-stage coronavirus vaccines.
Were you following this:
U.S. Xpress Joins vHub Trailer Marketplace | Transport Topics
U.S. Xpress Enterprises has joined the repositioning and sharing marketplace vHub, the companies announced Sept. 23.
VHub is a collaborative platform that helps reposition idle trailers. It matches the trailer owners and rental and leasing operations with those needing to use a trailer on a short-term basis.
* * *
“We are constantly repositioning equipment to provide efficient and reliable service to customers,” Joe Pricer, vice president of OTR operations at U.S. Xpress, said in a statement. “VHub presents an opportunity to find users to reposition equipment and eliminate the cost of moving trailers back into our network.”
Boosted Commerce Rides The Marketplace Tailwind | PYMNTS.com
With 44 percent of U.S. eCommerce business, it’s hard to say that anyone truly competes with Amazon. But there is a small group of companies competing to buy their sellers. Last week PYMNTS reported on one such company, AccrueMe, that injects capital into leading Amazon Marketplace sellers and then partners with them to help their trajectory. Now another company, this one with a fresh $87 million in funding, is on the scene.
“We’d like to acquire consumer product store companies that we believe have that Fifth Avenue type of real estate on Amazon,” he says. “That means it already has the ultimate reviews and ratings and it has products that fit within our scope, which is mostly personal care and packaged goods. And why do we do that? We do that because if you have great reviews and great ratings, it’s a flywheel effect.
Marketplace provider Mirakl raises $300M | Grocery Dive
Mirakl, which says it has more than 300 customers around the world, hopes to strengthen its position as a supplier of systems that retailers use to make products from other sellers available to customers — an approach sometimes referred to as “endless aisles.”
In August, Mirakl signed a deal with Kroger to help the supermarket chain expand its Kroger Ship e-commerce site with a selection of products not available in its brick-and-mortar locations. The expansion initially includes more than 50,000 items from third-party sellers, including specialty and organic foods and general merchandise. Among the services Mirakl is supplying Kroger is the ability to vet third-party sellers before allowing them to sell products in its online stores.
While you’re here, how about this:
The Marketplace is in for the long haul | All Point Bulletin
Sales may be down by over 70 percent at the Point Roberts Marketplace, but owner Ali Hayton wants the community to know the store has no plans to close.
Hayton’s father Darrell Skiles bought the Point Roberts market in 1998. She took over after his retirement and said they had learned from years of business that fluctuates with the Canadian dollar. “You need to be ready for anything up here,” she said. “When the dollar was strong and we were busy, we saved our money and when it went down, we tightened our belts.”
WeedMD and Starseed Medicinal Launch Combined Medical Sales Marketplace
TORONTO – WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally-licensed producer and distributor of adult-use and medical cannabis, is pleased to announce it has merged its online medical product marketplaces under one platform and expanded its product offerings. The simplified Starseed Medicinal Inc.
WeedMD, as the cultivator and producer will complete its full patient migration to its wholly-owned streamlined Starseed Medicinal online marketplace by early October, 2020. Once merged, all patients will have access to the Company’s product offerings including access to Mary’s Medicinals topicals gels and creams slated to roll out later this year.
How can China go carbon-neutral by 2060? – Marketplace
Democrats to redraft virus relief in bid to jump-start talks – Marketplace
House Democrats are going back to the drawing board on a huge COVID-19 relief bill, paring back the measure in an attempt to jump-start negotiations with the Trump administration.
The Democratic-controlled chamber could also pass the $2 trillion-plus measure next week if talks fall through to demonstrate that the party isn’t giving up on passing virus relief before the election.
The chamber passed a $3.4 trillion rescue measure in May but Republicans dismissed the measure as bloated and unrealistic. Even as Democrats cut their ambitions to $2.2 trillion or so, Senate Republicans have focused on a much smaller rescue package in the $650 billion to $1 trillion range.
Happening on Twitter
Gaze into the all-knowing crystal and see what the future holds…ah, I see you are flaky and sweet…a slice of ha… https://t.co/UoAHDFt4xG
knotts (from Buena Park, California)
Fri Sep 25 18:15:16 +0000 2020
The #DOJ announced that 6 people have been indicted by a grand jury with conspiring to pay over $100,000 in #Bribes… https://t.co/FEmXEoKY7n
EpochTimes (from New York, USA)
Sun Sep 20 19:25:01 +0000 2020