View profile

The Order : Weekly Aggregator Roundup - Global Bees, Intrinsic & NextChapter

The Order
Happy Sunday,
here’s a roundup of the last week:

Number of the week
200 Million - amount of fake reviews that Amazon deleted worldwide in 2020
New funding this week: $263M
Funding Craze 💰
  • India: Global Bees announces their $150M Series A led by first cry - half equity, half debt [Techcrunch] , more interesting insight from Global Bees backer and First Cry’s cofounder Supam Maheshwariin his Inc42 interview
  • US: Intrinsic closes $113M Series A (in late June already) with focus on health & wellness [PR Newswire]
  • Korea: NextChapter raised an undisclosed amount to drive aggregation with a focus on platforms such as Coupang and Naver’s Smartstore [Business Korea]
Strategy 📈
  • Amazon incentivizes outside referrals by reducing the referral fee from 15% to 5% for customers originating from non-Amazon sites such as a brands blog or their Instagram account: “Amazon Will Pay Brands To Drive Traffic to Amazon” [Marketplace Pulse] - I guess lower fees is the closest you can get to a payout on Amazon…
  • Trouble for FBA ahead: “Regulators’ product-safety suit against Amazon could open ‘giant can of worms’ for e-commerce giant” [The Seattle Times]
  • As eCommerce companies are understanding themselves as entertainment companies - and vice versa, a timely piece on Netflix & Co: “How Streaming is Reinventing Ecommerce” [Inc]
  • Lean vs efficiency: “Exclusive Q&A: Berlin Brands Group takes logistics in-house” [Chain Storage]
  • More tie in on the seller funding side: After the Thrasio-Yardline partnership (that ended up with Thrasio acquiring the fintech), Goja announced their strategic partnership with SellersFunding [Goja]
Let’s make this week count,
Did you enjoy this issue? Yes No
Christian Umbach

We are helping E-Commerce Aggregators to accelerate their deal execution and scale up operations. 🔥 The Order comes as a monthly newsletter with curated content pieces around hot topics in the marketplace aggregation space as well as the latest product updates and Xapix news -- plus weekly roundups on Sundays around last week's funding and key strategy insights. Enjoy the read!

If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Created with Revue by Twitter.