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Ecommerce Platforms

Ecommerce Platforms

Faire: The online B2B marketplace connecting independent retailers with wholesalers around the world

Faire is an online wholesale marketplace that connects independent retailers with brands and makers worldwide. The platform uses machine learning to match local retailers with products that uniquely fit their stores. The company offers various products, including clothing, home decor, gifts, and food items.
  • The platform provides retailers with features like free returns on first orders with a brand and net 60-day payment terms, previously only available to large retailers.
  • Faire's business model is based on commissions, charging brands 25% on opening orders and 15% on subsequent reorders.
  • As of 2024, Faire offered over 100,000 brands in 50,000 cities across North America, Europe, and Australia.
  • The company achieved unicorn status in 2019, and as of May 2022, Faire was valued at USD 12.59 billion.

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