Whatnot Secures Funding at a Staggering $5 Billion Valuation, Competing with TikTok Shop

In a remarkable financial achievement, the e-commerce platform Whatnot has successfully raised new funds that bolster its valuation to an impressive $5 billion. The infusion of capital comes at a time when Whatnot is intensifying its competition against TikTok's burgeoning shopping feature, TikTok Shop, as online retail continues to evolve rapidly.

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