2min chapter

This Week in Startups cover image

Ask Jason + LAUNCH founder interviews + OK Boomer with Andrew Yeung | E1551

This Week in Startups

CHAPTER

The on Demand Gift Giving Market Place

We want to change the way gift giving is done, both on the buyer side and on the seller side as well. We've created a virtual gift exchange within the platform to essentially eliminate the return ultimately saving on theira major losses. For retailers, one and four gifts are returned annually, and retailers are eating about 60 % of those costs in liquidations, processing, discounting fees.

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