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Industries
Consumer Software
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series B
Total Funding
$262.8M
Headquarters
San Mateo, California
Founded
2017
Firework provides solutions in the video commerce sector, allowing brands and retailers to integrate livestream and shoppable video content into their online stores. Their platform enhances customer engagement and transforms how consumers interact with products, catering to a variety of clients across different industries. Firework stands out by offering customized plans and community engagement tools, using patented technology to convert clicks into customers. The company's goal is to redefine online shopping experiences through interactive video solutions.
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Total Funding
$262.8M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Connie Lo of Three Ships sold $20,000 in beauty products in the company’s first hour live
Video commerce platform TalkShopLive has launched a partnership with NBCUniversal. The collaboration, set to kick off Thursday (Aug. 22), involves the two companies creating and streaming shoppable livestreams featuring entertainers such as Paris Hilton, who will host this week’s debut event. “NBCUniversal is one of the most powerful brands in entertainment,” TalkShopLive Co-founder and CEO Bryan Moore said in a news release provided to PYMNTS. “Their massive reach paired with the power and scale of TalkShopLive’s multi-embed point-of-sale technology is truly a game changing partnership for what the future of video commerce and bridging the worlds of entertainment and retail together looks like–making every moment shoppable.”
As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance, discussed this demand for shopping journeys that combine the digital and physical at the William Blair Growth Stock Conference. “We really think about our business through an omnichannel lens, and we think both our digital as well as our brick-and-mortar business has a really important role in working together and driving growth,” Ulta Beauty Chief Financial Officer Paula Oyibo said. “…When a guest engages with us across multiple touchpoints, whether it is in our stores or online, in our app or on our site, as well as UB at Target, they engage more, they’re more loyal and they spend more. … Omnichannel guests spend 2.5 times to 3 times more than our brick-and-mortar-only guests.”
As consumers around the world look for more engaging purchasing experiences, livestream shopping is expanding internationally. Zara, for instance, is reportedly expanding its live shopping to the United States, United Kingdom and Europe after seeing a sales increase from its streams in China. In April, Amazon launched an Amazon Live streaming channel on its Prime Video and Freevee platforms with shoppable content featuring celebrity talent
Zara is reportedly bringing its live-shopping broadcasts — already popular in China — to the U.S. The fast fashion brand is aiming for new ways to attract shoppers as sales cool following a post-pandemic boom, Reuters reported Monday (June 3). The report noted information from retail analytics company EDITED showing that five-hour live shopping broadcasts in China, held each week by Douyin, TikTok’s Chinese sister site, have helped drive up Zara’s sales since they premiered in November
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Industries
Consumer Software
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series B
Total Funding
$262.8M
Headquarters
San Mateo, California
Founded
2017
Find jobs on Simplify and start your career today