Gifting on-demand startup Afloat goes nationwide

Quick Summary:

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time.

The app currently works with 100 store partners, ranging from bakeries and baby stores to bookstores, florists, traditional gift stores, jewelry stores, and so on.

E-commerce giants are also capitalizing on this mindset, as demonstrated by Etsy’s new gifting initiative, which features curated gift guides that highlight independent shop owners.

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Article Details

Author / Journalist: Lauren Forristal

Category: Technology

Markets: United StatesChinaIndiaIsraelJapanUkraine

Topics: Startups Delivery apps Commerce Commerce

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 15:28:09 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1170 words

Reading Time: 7 minutes read

Sentences: 51 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 21444075

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