Hoods uses live video to help shoppers find and compare brands. The investment by valU aims to leverage Hoods’ platform to penetrate the rapidly growing virtual shopping space and diversify its offering to both new and existing valU customers and merchants. According to valU, the transaction will allow it to expand on its strategy of providing access to the tools and financing needed to build better lives and businesses. In contrast to traditional e-commerce, Hoods uses videos created by individuals using creative content to produce product displays for customers.
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Hoods uses live video to help shoppers find and compare brands. The investment by valU aims to leverage Hoods’ platform to penetrate the rapidly growing virtual shopping space and diversify its offering to both new and existing valU customers and merchants. According to valU, the transaction will allow it to expand on its strategy of providing access to the tools and financing needed to build better lives and businesses. In contrast to traditional e-commerce, Hoods uses videos created by individuals using creative content to produce product displays for customers.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
