EBAY to acquire the social market platform TISE

On Monday, Ebay Declare She gets Tise, a social market for fashion and interior design elements. The financial conditions of the deal have not been revealed.

The company says the Oslo -based Oslo platform will open the door for a society of Gen Z and Millennial clients. The features of the TISE community, such as the ability to follow the sellers, like them, comment on the menus, and receive the recommendations of custom products, as well as focus on the current stock, enhance the consumer experience to the consumer.

TISE was the first company to receive an investment from Ebay Ventures in 2022.

“This acquisition is a next natural step in our investments in TISE, which will allow us to accelerate the Tise strategy and cancel new opportunities for innovation,” said Oliver Klink, Vice President, Global Markets Success in General Motors and C2C in EBY. press release. “With the existing inventory on the direction, the loyal community, and the first social approach, we will enhance the EBay C2C offers, and we communicate deeper with the next generation of enthusiasts.”

The company’s acquisition of TISE indicates that it is looking to update its platform to attract the younger shoppers, expand social trade tools, and build a stronger presence in the sustainable retail market.

The deal is expected to be closed by the end of the fourth quarter of 2025. The conclusion is subject to customary conditions.

“In TISE, we always believed to make resale fun, easy and inspiring essential to a more sustainable world,” Eric Ferrend Reem, CEO and co -founder of TISE, said in a statement. “EBY shares our vision and support, we will enhance our model that society drives and enables more people to participate in the social market.”

TISE was founded in 2014, TISE raised $ 45 million of financing, according to the Market Intelligence platform Tracxn.