Particle.news
Download on the App Store

Whatnot’s Live Shopping Boom in France Underscored by $225 Million Raise

Fresh funding signals an app turning French resellers into high‑volume channels with rising sales.

Overview

  • The Los Angeles–founded platform, launched in 2019 and available in France since 2023, blends livestream auctions and fixed‑price sales while taking an 8% commission.
  • Whatnot reports 2025 GMV has surpassed $6 billion and says its latest round values the company at $11.5 billion.
  • France is a key growth engine, with the company citing roughly 400% year‑over‑year gains in GMV, seller counts, and streaming hours.
  • User engagement is high, with Whatnot saying people spend about 80 minutes per day on the platform globally and buy around 12 items per week.
  • Collectibles and fashion lead usage in France, with fashion up about 100% in six months, as sellers report strong results including one entrepreneur doubling sales and pro channel Club Market moving 50,000–60,000 items since March.