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The Order : Weekly Aggregator Roundup - RubiBrands

The Order
Happy Sunday,
Here’s a quick roundup of last week’s news

Chart of the Week:
As Commerce IQ data indicates as its CEO Guru Hariharan posted on Linkedin this week, top lines revenue is suffering due to continuously high out-of-stock rates.
Out of Stocks for Units & Revenue [CommerceIQ]
Out of Stocks for Units & Revenue [CommerceIQ]
New funding this week: $23M
Funding Craze 💰
  • RubiBrands announced its $23M seed round to scale it’s 7 brands and acquire more around its value proposition of leveraging Turkey as a logistics hub [Tech.eu]
Movers & Shakers
  • Revenue-based financing firm Bloom securess $377M Series A led by Credo and Fortress [Techcrunch]
  • Shoppable-Video Startup Firework Raises $150M in Funding Round Led by SoftBank [Wall Street Journal]
Strategy 📈
  • “Amazon Stops Hiding Its Private Label Brands” [Marketplace Pulse]
  • “Amazon tests having drivers make deliveries from local malls” [The Verge]
  • “Amazon Quietly Axed Millions of Square Feet of Warehouse Space” [The Information]
  • Amazon Briefing: One year into Andy Jassy’s tenure, sellers see subtle strategic shifts [Modern Retail]
  • Shopify Grows, Amazon Slows: A Bellwether for Ecommerce’s Future [Multichannel Merchant]
  • What determines your business valuation? [Unybrands Blog]
  • And more on business valuation for our German readers 🇩🇪 with a feature of Flip my Brand in this blog [AMZ Listing]
  • OpenStore #1: I sold my Shopify store for nearly $1 million 8 months after launching it. Here’s how I built a business that appealed to buyers. [Business Insider]
  • OpenStore #2: PayPal Mafia’s Keith Rabois has acquired 40 Shopify sellers in the past year through his startup OpenStore. He’s not slowing down despite the recent problems in the aggregator space. [Business Insider]
  • Google Takes Yet Another Run at E-Commerce—and Amazon [Yahoo Finance]
  • A call for integrated data: “How To Recover Profit Margins In A Post-Pandemic Reality” [Forbes]
  • Apparel 2.0: “Inside the first Amazon Style store” [Geekwire]
  • ‘A very capital intensive game’: More CPG startups are fundraising to fund wholesale expansion [Modern Retail]
  • Nordstrom raises outlook shrugging off economic gloom [Modern Retail]
Events 🎤
Let’s make this week count,
Christian
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Christian Umbach

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