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TikTok Sale to Oracle, Walmart in Limbo

L.A. Business Journal

Plans for the sale of TikTok’s U.S. business to Oracle Corp. and Walmart Inc. have reportedly stalled as the Biden administration eases pressure on the social media company’s Beijing-based parent company.

Oracle 223
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TrueCar Sales Fall Amid Supply Chain Shortages

L.A. Business Journal

s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report. Santa Monica-based automotive technology platform TrueCar Inc.’s

Truecar 130
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Report: Hulu Up For Sale

socalTECH

A number of reports Tuesday afternoon says that Santa Monica-based streaming video site Hulu is up for sale. According to the Wall Street Journal, the firm was approached by an unsolicited offer to be acquired. Details on potential buyers has not be disclosed or uncovered. READ MORE>>.

Hulu 140
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Endgame Raises $17 Million For Sales Strategy Software

L.A. Business Journal

Software company Endgame Labs Inc. raised more than $17 million across two funding rounds.

Software 264
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Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round

TechCrunch LA

But the no-longer nascent sneaker and streetwear market is a big market, with the potential to reach $30 billion in sales globally by 2030, according to a recent report by the research firm, Cowen ( cited by The Wall Street Journal , which first reported the financing).

Commerce 255
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Guerilla Marketing: An Empty UPS Envelope Doubled This Company’s Sales

InfoChachkie

A version of this article previously appeared in The Wall Street Journal. The post Guerilla Marketing: An Empty UPS Envelope Doubled This Company’s Sales appeared first on John Greathouse. What would you do if you opened a UPS envelope and there was nothing inside? Rather, intrigue them. Image credit: geralt via Pixabay.

Marketing 154
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Loot Crate Raises $18.5M, Posts $100M in Sales

L.A. Business Journal

Subscription box startup Loot Crate, which sends toys and fan gear to subscribers in monthly mystery boxes, said it surpassed $100 million in sales last year and raised an $18.5 million Series A funding round.

Sales 140