eBay to acquire social marketplace platform Tise | TechCrunch

"eBay announced on Monday that it's acquiring Tise, a social marketplace for second-hand fashion and interior design items. eBay says the Oslo, Norway-based company's platform will open the door to a community of Gen Z and millennial customers. The company also says Tise's community features, such as the ability to follow sellers, like and comment on listings, and receive personalized product recommendations, along with its focus on current inventory, will enhance eBay's consumer-to-consumer experience."

"Tise was the first company to receive an investment from eBay Ventures in 2022. "This acquisition is a natural next step in our investment in Tise, which will allow us to accelerate Tise's strategy and unlock new opportunities for innovation," said Oliver Klinck, VP, GM Global Markets Success & C2C at eBay in a press release. "With Tise's on-trend inventory, loyal community, and social-first approach, we'll strengthen eBay's C2C offerings, and more deeply connect with the next generation of enthusiasts.""

""At Tise, we've always believed that making resale fun, easy and inspiring is key to a more sustainable world," said Eirik Frøyland Rime, CEO and co-founder of Tise, in a statement. "eBay shares our vision, and with their support, we will enhance our community-driven model and enable even more people to participate in the social marketplace." Founded in 2014, Tise has raised $45 million in funding, according to market intelligence platform Tracxn."

eBay is acquiring Tise, an Oslo-based social marketplace focused on second-hand fashion and interior design, with financial terms undisclosed. Tise's platform emphasizes community features like following sellers, liking and commenting on listings, and personalized recommendations, plus a focus on current inventory. eBay previously invested in Tise through eBay Ventures in 2022 and expects the deal to close by the end of the fourth quarter of 2025, subject to customary conditions. eBay positions the acquisition to modernize its platform, expand social commerce tools, and deepen its presence in sustainable retail, while Tise has raised $45 million since its 2014 founding.

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