Beyond Inc., formerly known as Overstock.com, is a publicly traded company listed on the New York Stock Exchange under the ticker symbol "BYND." It acquired the intellectual property and brand of Bed Bath & Beyond in June 2023, completing the transition in November 2023.
At its inception, Overstock.com aimed to provide customers with access to discounted, surplus, and clearance products. It quickly gained popularity as an online marketplace offering competitive prices and a vast selection of items. Over time, the company expanded its product offerings to include new merchandise sourced directly from manufacturers and distributors.
One of the noteworthy aspects of Overstock.com is its early adoption of blockchain technology. In 2014, the company became the first major online retailer to accept Bitcoin as a form of payment. This move garnered attention and positioned Overstock.com as a pioneer in embracing cryptocurrencies for e-commerce transactions.
Overstock.com operates primarily through its website, where customers can browse and purchase products. The company follows a direct-to-consumer model, eliminating the need for intermediaries and maintaining control over the customer experience. Additionally, it has developed partnerships with various suppliers to ensure a diverse and high-quality product range.
Overstock.com is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol "OSTK." As a recognized online retailer, it has built a strong brand presence and a loyal customer base. The company continues to innovate and adapt to changes in the e-commerce industry to maintain its competitive edge.
In recent years, Overstock.com has also ventured into blockchain and cryptocurrency-related initiatives. It has launched subsidiary companies focused on blockchain development and digital asset trading. These endeavors highlight the company's ongoing commitment to exploring new technologies and leveraging their potential for business growth.