StockX Now Valued at Over $1 Billion USD

Luxury goods and sneaker resale marketplace StockX is now valued at more than $1 Billion USD after just three years in business. Describing itself as "The Stock Market of Things," the company announced today that it has secured $110 million USD in funding from investors DST Global, General Atlantic, and GGV Capital, and that it has brought on a new CEO as part of its international growth strategy. Co-founder Josh Luber has stepped down as CEO, a role now held by former eBay executive Scott Cutle...