• RV rental platform Outdoorsy says it will hit $1 billion in sales next month after seeing explosive growth during the pandemic

    10 days ago - By Business Insider

    Summary List Placement RV rental platform Outdoorsy is set to reach $1 billion in sales next month after seeing an outstanding year during the coronavirus pandemic, the company announced on Thursday.
    While most of the travel industry skidded to a halt during COVID-19, road travel via camper vans and RVs began to thrive when states started lifting stay-at-home orders. As a result, Outdoorsy saw a 1,500% surge in bookings from the lowest booking day amid the coronavirus pandemic to the highest booking day during the second to last week of May, the company told Insider last year .
    The...
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  • DTC furniture brand Outer just raised another $10.5 million from investors after seeing a 1,000% increase in sales over 2020. Its CEO explains how the company hit record sales during a pandemic

    DTC furniture brand Outer just raised another $10.5 million from investors after seeing a 1,000% increase in sales over 2020. Its CEO explains how the company hit record sales during a pandemic

    10 days ago - By Business Insider

    Summary List Placement
    Outer, an outdoor-furniture company, announced a $10.5 million Series A investment round on Tuesday.
    The company experienced 1,000% increase in sales over 2020 was the fastest-growing direct-to-consumer company for the Q2, according to web-traffic data from SimilarWeb.
    Outer saw record sales amid the pandemic, as consumer shopping habits shifted more to e-commerce.
    Outer cofounder and CEO Jiake Liu explained how the less than 2-year-old company boosted its quarter-over-quarter traffic growth by 659.1% in the second quarter and saw sales increase by 21 times in just...
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