Social commerce startup Flip, known for its online marketplace featuring product review videos made by shoppers, has secured a whopping $144 million in fresh funding to strengthen its position in the market and take on the industry giants like Amazon and TikTok. The funding round, led by Streamlined Ventures, has significantly boosted Flip’s valuation to a substantial $1.05 billion. Notably, advertising software firm AppLovin Corp. has also displayed confidence in Flip's potential by making a $50 million investment in the company. This move reflects the growing competition in the social commerce landscape and the increasing interest of investors in innovative players like Flip, underscoring the potential disruption it could bring to the market's established players.