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Formalwear-focused Queenly makes first acquisition after posting rapid early-2022 growth

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Formalwear-focused Queenly makes first acquisition after posting rapid early-2022 growth

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Queenly, a startup building a garment marketplace aimed at dressing women for formal events, announced this morning that it has purchased Mi Padrino, a company built to serve the quinceañera market.

Resale remains about 75% of Queenly transactions, according to Bantigue, with a further 15% coming from small-business partners and a final 10% from designers themselves.

Finally, co-founder and CTO Kathy Zhou is building a reverse image search so that users can bring an image of a dress that they love to Queenly, which will then be able to help them find and buy it.


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Article Details

Author / Journalist: Alex Wilhelm

Category: Technology

Topics: Startup company Kathy Zhou Sephora Y Combinator Queenly Trisha Bantigue Startups Rent the Runway Formalwear Reverse image search Mi padrino

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 15:41:55

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 5 minutes read

Article Length: 756 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23192

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