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Ecommerce Aggregator Weekly

Issue #12 | April 22nd 2022

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David Shi

Apr 22 2022

3 mins read

Welcome to Ecommerce Aggregator Weekly from Operator. Our goal is to cover the latest developments in the aggregator space so that you can stay informed.


Read our quick roundup of what happened in the past 2 weeks in the aggregator world below.


Who

AI-powered Social Commerce Startup, Elloe, Exceeds $1M Funding Target, Closes 7-figure pre-seed round. [TheEconomy]

Omni-channel eyewear retailer Lenskart is in advanced talks to close a $200-250 million round, a portion of which will be directed to its Thrasio-style direct-to-consumer (D2C) roll-up business. ‎[TheEconomicTimes]


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The global ecommerce market is exploding, and ecommerce acceleration is the future. [Entrepreneur]

Explore how to tag and upload products with Shopify product collections. [Dianthus]

Amazon is adding more than 2,000 new sellers daily. [MarketPulse]

The importance of having a solid operational team to maximize brands' post-acquisition potential—Yury Gurevich. [Let'sTalkExits]

Things to know when selling your FBA business and why buyer conference calls matter. [UmbrellaFund]

Container shipping rates from China to the U.S. have been above $10,000 for nine months; pre-pandemic shipping price levels might be years away. [MarketPulse]

TalkShopLive’s Bryan Moore gets on the podcast to share North America’s growing appetite for Livestream commerce. [ModernRetail]


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Society Pass is on track to take advantage of the fast-growing digital marketplace in Southeast Asia through strategic acquisitions. [Benzinga]

Amazon aggregator Suma Brands lays off a big chunk of its staff after raising $150 million just months ago. ‎[BusinessInsider]

Philippine e-commerce aggregator Armada Brands raises a $1.3M pre-seed co-led by M Venture Partners and Foxmont Capital Partners. [TechNodeGlobal]

JD.com founder Richard Liu has stepped down as chief executive of the Chinese e-commerce giant. [VerveTimes]

Walmart's Indian e-commerce company Flipkart raises its IPO valuation target to $60-70 billion and now plans a U.S. listing in 2023. [Reuters]

The 10 fastest-growing German startups in the past 12 months. [Sifted]

The checkout startup Bolt puts pressure on Shopify and Amazon with its $1.5 billion acquisition of the crypto startup Wyre as it races to beat the e-commerce giants to Web3. [BusinessInsider]

Amazon adds a 5% fuel and inflation surcharge to US Sellers. [VerveTimes]


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‎‎eBay Hires Former Meta Commerce Leader, Eddie Garcia, as Chief Product Officer. ‎[RetailTouchPoints]

Aterian appoints Anton von Rueden as their new chief operating officer. [GlobalNewsWire]


If you found this issue valuable, please share it with friends and members of your community.


Until next time,

Your friends at Operator

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