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Whatnot’s Live Shopping Boom Accelerates in France After $225 Million Raise

The live-video marketplace reports 2025 GMV above $6 billion with near-400% year-on-year growth in France.

Overview

  • The latest funding round values the company at $11.5 billion, according to Les Echos reporting cited by French media.
  • Whatnot takes an 8% cut on each sale, and company figures say sellers and streaming hours have increased by roughly 400% over the past year.
  • Sellers describe meaningful gains, with one retailer saying sales have doubled and the Club Market channel reporting 50,000 to 60,000 items sold since March 2025.
  • Users watch for about 80 minutes a day globally, and in France the fashion category has doubled over the past six months, according to the firm.
  • As TF1 winds down Téléshopping, coverage frames live shopping as moving to phones, with Franceinfo highlighting strong earning claims for some sellers and warning about addictive purchasing behavior.