Lyst is an e-commerce platform that brings together more than 11,000 fashion brands and retailers, allowing shoppers to use a single shopping basket, instead of clicking out to each individual retailer’s websites.
So how does it differ to an e-commerce site like ASOS? PR manager Katy Lubin told Techworld:
“Scale and size, we have more stuff than anyone else with over three million products from 11,000+ brands and retailers. Insight, we have a data science and analytics team that are looking at 4.5 million changing data points every hour, such as new products dropping, new stock, changes in pricing etcetera, which give us the ability to build up a picture of how the world is shopping in real time. Lastly authority, we work with all of the best partners around the world, such as Saks in the USA and Selfridges here in London.”
Lyst is one of the better established names on this list (no pun intended), featuring in TechcityUK’s Future 50 and it has already pulled in more than £42 million in funding from the likes of Groupe Arnault, Accel Partners and Balderton Capital.