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Blidz raises €6m in Seed funding

Finland based European social shopping app raised €6m in Seed funding led by General Catalyst and Peak.

“Sixty percent of e-commerce in Europe today is dominated by Amazon, and then a long tail of others like it. We believe that there is a monopoly in price extraction. In the end, that’s the vision of the company, to offer Western consumers a better and less expensive shopping experience.”

Tags

ecommerce, b2c