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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Fashion layoffs : Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports. Discovery revealed that it lost another $2.1 billion in the fourth quarter. This is despite the success of shows like “The Last of Us” on HBO and games like “Hogwarts Legacy.” Lauren explains more.

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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

Image Credits: hauged (opens in a new window) / Getty Images. Image Credits: mikroman6 (opens in a new window) / Getty Images. Image Credits: JoKMedia (opens in a new window) / Getty Images. Image Credits: Peter Dazeley (opens in a new window) / Getty Images. @yourprotagonist.

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Daily Crunch: Berlin-based design platform Kittl raises $11.6M Series A to take on Adobe and Canva

TechCrunch

Teach yourself growth marketing: How to perform growth experimentation through A/B testing Image Credits: SCIENCE PHOTO LIBRARY (opens in a new window) / Getty Images Despite the myth, sharks don’t need to keep swimming to keep breathing. Early-stage startups, on the other hand, are not so fortunate. Have you shopped here?

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Extra Crunch roundup: Unpacking BuzzFeed’s SPAC, curb your meeting enthusiasm, more

TechCrunch

In the last year, online apparel shopping app Shein grew active daily users by 130%, reports Apptopia. Image Credits: Nigel Sussman (opens in a new window). Image Credits: Jenny Dettrick (opens in a new window) / Getty Images. Image Credits: John M Lund Photography Inc (opens in a new window) / Getty Images.

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Daily Crunch: Cloudflare rolls out new mobile services to secure employees’ smartphones

TechCrunch

We love you so much that we’ve got five more highlights from across the site: Loving the pre-loved : Christine reports that Gently’s shopping aggregator aims to remove friction of locating secondhand apparel. Image Credits: JamesBrey (opens in a new window) / Getty Images.

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Repeat raises $6 million Series A for its service that makes reordering favorite products easier

TechCrunch

The idea to tackle e-commerce’s replenishment problem came about after Repeat’s co-founders Kim Stiefel and Sarah Wissel tried launching their own direct-to-consumer apparel brand, UNDR, focused on refreshing the basics — like socks, tees, and underwear. Image Credits: Repeat.

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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

From an industry standpoint, the impact essentially breaks down into two high-level sectors – General Merchandise & Apparel (GMA) and Food, Drug, Mass (FDM). The implications of COVID on the broader retail sector is generally a tale of 2 sectors, the ‘essentials’ vs the ‘non-essentials’.

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