YML helped them launch a new e-commerce and digital ecosystem across web and mobile, with an emphasis on increasing sign-ups and first-time purchases. Thrive Market is an online grocery retailer delivering sustainable, ethical consumer products nationwide.
When Mercari went public in 2018, they raised $1.2 billion. YML partnered with Mercari to build their first app, creating a digital experience that paved the way for people to easily buy, sell and ship items across the nation. We helped engineer a foundational transformation of PayPal’s digital experience, one that has advanced digital commerce and peer-to-peer payments, with a mobile-first user in mind. YML built the technology powering the PayPal app, which processes over $12 billion in year-over-year transactions. YML partnered to design the first Credit Karma app, contributing to their growth and eventual acquisition in 2020 by Intuit for $7.1 billion (Intuit’s biggest-ever acquisition to date, and one of the biggest in the category of privately-held FinTech companies). Below is a list of the nine startups YML has partnered with and that are now experiencing exponential growth. True to YML’s ethos to build digital products that export the Silicon Valley mindset to the world - experimentation, speed and innovation - YML helps create value for clients by creating valuable experiences for their customers. Thrive Market is the ninth start-up YML has laid the digital foundation for that has since filed for IPO or been valued at more than a billion dollars. YML partnered with Thrive to build an e-commerce and digital ecosystem across web and mobile, along with an auto-ship strategy to increase recurring revenue.
Recently, it’s been speculated that Thrive Market - the sustainable online membership-based grocer - is considering an initial public offering at a valuation of more than $2 billion.
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