online marketplace

Pattern Group, an “ecommerce accelerator” for brands on marketplaces like Amazon, debuted on the Nasdaq (PTRN) with shares opening slightly below its $14 IPO price. The IPO raised $300M, valuing the company at $2.5B. Pattern, founded in 2013, helps brands optimize sales, reporting strong revenue growth in Q2 2024. However, the company relies heavily on Amazon (94% of 2024 revenue) and faces competition and risks associated with trade uncertainties, potentially impacting its future performance.

Nearly expired bottles of Nongfu Spring’s “Scream” energy drink are being sold at surprisingly high prices (up to $12 USD) on Chinese secondhand online marketplaces. This price surge for a soon-to-expire product, despite its reputation as one of China’s “worst-tasting” beverages, sparks questions about market dynamics and consumer behavior. The red variant of “Scream” aims to replenish electrolytes lost during exercise, a function crucial for athletic performance and mitigating dehydration.

LendingTree, Inc. (NASDAQ: TREE) will release its Q2 2025 earnings on July 31, 2025, after market close. A shareholder letter will be available on its investor relations website. A conference call will be held at 5:00 p.m. ET, featuring CEO Doug Lebda, to discuss financial highlights and future strategies. A live webcast and replay will be accessible on the company’s website. LendingTree operates a large online financial platform connecting consumers with financial partners for various financial products.

A family’s financial loss, initially suspected as account compromise, was revealed to be a teen’s scheme involving ride-sharing and an online marketplace. The daughter used her mother’s account to order rides, then received payment from riders through a secondary platform. This sparked debate on the broad range of services offered by such platforms, including the potential for misuse and the need for stronger security protocols.