Social Shopping Startup Little Black Bag Raises $8 Million

What's Next In Payments®
3:23 PM EDT August 16th, 2012

Little Black Bag, an eCommerce company with heavy social integration, has raised $8 million in equity backing, All Things D reports.

On the site, Little Black Bag customers are able to purchase exactly that — a “little black bag,” filled with surprise fashion products. Buyers can then go online to trade the products they don’t want with other users.

The company has raised nearly $11 million in backing to date, the report says.

Read the full story here.

Comments
Also by This Author
What's Hot
News
The Twelve Month Countdown: Mobile and EMV? Mobile or EMV?
B2B Payments
Tungsten Brings Its E-Invoice Platform To Qatar
B2B Payments
Rules Governing Military Travel Management Changing
News
Amazon Visa Will Work With Apple Pay…Soon
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Apple Pay Tracker
Apple Adds Buy-It Buttons to iAd
Apple Pay Tracker
The Apple Pay Beacon Trojan Horse
News
The Twelve Month Countdown: Mobile and EMV? Mobile or EMV?
B2B Payments
Citi’s New B2B Analytics Suite
View All Articles ››