Fakespot, a company focused on combating fake reviews, revealed that 43% of best-selling Amazon products had unreliable or fabricated reviews, with clothing and jewelry categories having 88% unreliable reviews.
Fakespot gained investor attention and raised $4 million in Series A funding in 2020, totaling $7 million in funding.
Mozilla acquired Fakespot and integrated its technology into Firefox as the 'Mozilla Review Checker' feature, but later couldn't sustain the business model, leading to the shutdown.