eCommerce/Retail

From LAN parties to stadiums, Esports looks to take the next steps in 2021 with innovative sponsors, expanding revenue streams, and growing viewership. [more]

Roblox, an online game platform, filed an amended prospectus in preparation for a direct listing on the NYSE in February, under the ticker “RBLX”. The latest financing values the Company at $29.5B, making Roblox one of the most valuable private companies. [more]

Cryptocurrencies have regained market interest as Bitcoin reached an all-time-high price of $41,940 per BTC at the beginning of this year. As digital currencies experience stronger adoption, more capital is flowing into investments related to crypto. [more]

Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]

Last month, Real Luck Group, the parent company of LuckBox, an eSports betting platform, listed publicly and opened at C$0.80 per share. Global eSports betting market forecasted to reach $18B by 2026. [more]

Upstart Holdings, an AI-driven lending platform, launched its IPO at $20.00 per share on the NASDAQ at an approximate valuation of $1.5B. On the first day of trading, Upstart’s stock increased by 47% from the IPO price to $29.47 per share. [more]

Last month, Hyundai Motor Group, a South Korean multinational conglomerate, announced an agreement to acquire a controlling interest in Boston Dynamics from SoftBank. [more]

Organic Garage’s FQ3/2021 revenue was $6.92 million, an increase of 21.6% year-over-year. Gross Profits remains steady above 30%. With improved revenue and previous cost-cutting measures, EBITDA was substantially higher at $0.69 million. [more]