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Industries
Consumer Software
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series B
Total Funding
$270.2M
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. 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
$270.2M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
đŠâđł How we use AI at Tech in Asia, thoughtfully and responsibly.đ§ââď¸ A friendly human may check it before it goes live. More news hereChinese ecommerce platform AliExpress has introduced a new initiative called Celeb Shop, aimed at Korean fashion enthusiasts.The company announced on June 16, 2025 that it will recruit social media influencers to curate and promote fashion items available on its platform.Celeb Shop will showcase products sourced from vendors in Seoulâs Dongdaemun area, known for its clothing trade.Influencers will select, style, and model their chosen pieces, which will be sold on the platform.Fulfillment and delivery will be managed by AliExpress and its Korean vendor partners.A beta version of Celeb Shop is scheduled to launch next month.đ Source: The Korea Timesđ§ Food for thought1ď¸âŁ AliExpress times its influencer strategy amid massive industry growthAliExpressâs new Celeb Shop initiative enters the market during a pivotal period in influencer commerce evolution.The global influencer marketing industry is projected to more than triple from $21.1 billion today to $69.44 billion by 2028, reflecting brandsâ growing reliance on creator-led sales strategies1.This shift is further evidenced by research showing 69% of marketers plan to increase their influencer marketing budgets by 2024, demonstrating broad industry confidence in this approach2.By specifically recruiting Korean influencers to model and promote items from Dongdaemun vendors, AliExpress is embracing the micro-influencer trend that has seen brands increasingly favor authentic, relatable voices over traditional celebrities.The companyâs emphasis on influencers curating and modeling their selected pieces directly addresses the 61.9% of marketers who now utilize influencers primarily for content generation rather than simple product promotion2.2ď¸âŁ Gen Z shopping behaviors drive AliExpressâs strategic pivotAliExpressâs targeting of teenagers to thirty-somethings with its Celeb Shop reflects deep understanding of evolving consumer behaviors in fashion retail.Research shows 97% of Gen Z shoppers cite social media as their primary inspiration for purchases, with this demographic controlling approximately $150 billion in spending power3.The platformâs âceleb pick shoppingâ approach directly addresses the 43% of young consumers who specifically turn to social media for fashion inspiration, offering them a streamlined path from discovery to purchase4.By focusing on Korean fashion items, AliExpress is tapping into both K-fashionâs global appeal and the demonstrated preference of younger consumers for cross-border shopping experiences that offer unique styles.The simultaneous launch across multiple markets including the US, Japan, France, and Spain leverages the 83% of young adults (15-27) who already make their apparel purchases online, positioning AliExpress to capture share in the rapidly expanding social commerce market projected to exceed $1 trillion by 202845.Recent AliExpress developments
SAN ANTONIO, June 9, 2025 /PRNewswire/ - Frost & Sullivan recently analyzed the video commerce industry and based on its research findings, recognizes Firework with the 2025 Global Competitive Strategy Leadership Award.
Connie Lo of Three Ships sold $20,000 in beauty products in the companyâs 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 weekâs debut event. âNBCUniversal is one of the most powerful brands in entertainment,â TalkShopLive Co-founder and CEO Bryan Moore said in a news release provided to PYMNTS. âTheir massive reach paired with the power and scale of TalkShopLiveâs 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 likeâmaking every moment shoppable.â
As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppersâ 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. âWe 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,â Ulta Beauty Chief Financial Officer Paula Oyibo said. ââŚWhen 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, theyâre more loyal and they spend more. ⌠Omnichannel guests spend 2.5 times to 3 times more than our brick-and-mortar-only guests.â
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Industries
Consumer Software
Consumer Goods
Entertainment
Company Size
201-500
Company Stage
Series B
Total Funding
$270.2M
Headquarters
San Mateo, California
Founded
2017
Find jobs on Simplify and start your career today