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On July 24, Julia Sherman first emailed secondhand furniture company Kaiyo regarding a cash out for her latest sales. She is still “awaiting about $800 worth in payments from the sale of furniture from my late grandmother’s estate,” well outside of the seven-to-10 business day window the company promises.
Sherman is one of a number of Kaiyo sellers currently in the dark about the company’s future. The company is reportedly “winding down” operations, as The City reported, but has not made a public announcement about the startup’s operational status....
View the full Modern Retail article: Online furniture platform Kaiyo says it will ‘wind down’ by the end of the month after sellers file complaints
