The Order : Weekly Aggregator Roundup
Chart of the week:
New funding this week: $290M
Funding Craze 💰
US - Heyday $70M equity funding added [Forbes]
EU - Factory14 $200M equity + debt financing with 4 acquisitions to date, $20M in “trailing twelve months” EBITDA by the end of 2021 expected [Techcrunch]
India - Goat Brands Labs $20M with Flipkart's VC fund among the first backers [Economic Times India]
... and with that new funding in May reaches $1BN 🔥
Strategy 📈
Google partners with Shopify on online shopping expansion: Google Search/Photos/Maps experiences for Shopify products [Techcrunch]
Does Amazon know what it sells? Opinion on content moderation on Amazon. [Ben Evans Newsletter]
As privacy changes loom, Amazon stands to reap the greatest reward - on the changes of display advertising with new cookie policies & Amazon's search advantage [ModernRetail]
Shein - the TikTok of eCommerce: China-based, yet globally focused with ~$10BN revenues in 2020 and 100% growth in each of the last 8 years making it the fasted growing eCommerce company [Not Boring]
Two years of eCommerce growth in one year [MarketplacePulse]
Let's make this week count,
Christian