This throwback app is competing with Big Tech — using a business model out of the 1980s

The future of commerce is not some complex algorithm; it's essentially the same as it has been since the 1980s.That's the gambit of a hugely successful new company putting up numbers that rival tech's biggest.Its latest valuation is a monstrous $20 billion, which is already a huge leap from its October 2025 numbers. The company has nearly doubled its valuation in those 10 months, up from $11.5 bil