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Stock impact report

KIKI World Announces $7M Funding Round Led by a16z crypto and The Estée Lauder Companies' NIV [Yahoo! Finance]

Estee Lauder Companies, Inc. (The) (EL) 
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: elcompanies.com/investors
Company Research Source: Yahoo! Finance
investors, which includes a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV), as it opens its platform to a variety of creators and brands. Other investors in KIKI include: consumer-tech funds Double Down, 2Punks Capital and Advancit, digital communities RedDao and OrangeDao, and the digital creator GMoney. The investment from a16z crypto follows KIKI's participation in its spring 2023 Crypto Startup Accelerator program. NIV invested in November 2022 at KIKI's concept stages prior to launch. KIKI World's initial launch featured connected beauty products co-created by the KIKI World community. Using its proprietary platform and blockchain infrastructure, KIKI has created a new way for consumers to connect with each other and brands outside of the historical web2 channels and social media. Their audience has embraced this new approach, where they can co-create products, receive rewards for engagement, participate in product innovation, and connect with other f Show less Read more
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