HipHopWired Featured Video Source: Future Publishing / Getty StockX confirmed what we already knew about the PS5 console being sold on the online marketplace. There are still many gamers out there who don’t have a PS5 and have no clue when they can rectify that issue, being that Sony themselves aren’t so sure when production of the consoles will finally meet demand. One of the many reasons contributing to the fact it’s just so damn hard to buy a PS5 is because of scalpers, aka resellers on the internet. Video Games Chronicles reports the company has shared some eye-opening and infuriating data regarding the number of PS5 consoles sold in the United States. A ridiculous 55,000 units of the digital edition and 83,000 units of the disc edition have been sold on StockX alone. To make matters w...
Source: Cody Glenn / Getty StockX’s stock just went up…literally, and you could possibly get a piece of it very soon. Online marketplace StockX where you can cop anything from classic Jordans, designer clothing, and PS5 consoles, just announced its $275 million Series E funding, which will now push the company’s value to about $2.8 billion. Hypebeast reports that the company intends to use its new funding to expand further its global reach and new “product development efforts.” But, there are whispers that StockX’s new financing is helping the company prepare to go public. StockX’s CEO, Scott Cutler, spoke on the company’s new partners adding in a statement: “The quality of investors joining us is a clear signal that the market recognizes that there is an incredible opportunity in e-commer...