Joyus, a startup aiming to build a QVC for a new generation, has raised $24 million in new investments. The round was led by Disney venture arm Steamboat Ventures and Marker LLC.
Joyus produces online videos that feature fashion, beauty and health products that can be purchased from the Joyus website or through a special Joyus video player when a video is viewed on other sites around the Web. The company typically makes money by taking a 40 percent to 60 percent cut of the sales of products featured in its videos. Read More....