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EBay Invests in Luxury Resale Platform Cudoni

EBay Invests in Luxury Resale Platform Cudoni

The UK-based luxury resale company announced the £7.5 million ($9 million) raise Monday.

EBay’s venture arm participated in the funding round, while Cudoni also raised capital from existing investors such as The Daily Mail Group Ventures and veteran retail executive Andrew Jennings.

Resale remains a fast-growing fashion market, despite profitability challenges for large players as they scale. It’s also an area where eBay has been looking…


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