The Order : Weekly Aggregator Roundup - China
Chart of the week
Given the popularity this week of news around China sellers, a recap of China seller stats via Marketplace Pulse reporting in January:
New funding this week: $0M
Funding Craze 💰
Full focus on prime day - no new announcements this week
Strategy 📈
Berlin Brands Group Spotlight: "Chinese Sellers on Amazon in hot demand by VCs and eCommerce roll-ups" [Techcrunch]
Helpful context on China sellers from this March 2021 analysis: "Made in China, Sold on Amazon: The Numbers are Skyrocketing" [eCommerce Times]
Elevate Brands announces UK expansion [Bloomberg]
Prime day sales top $11BN across eCommerce platforms in the US: Amazon Prime Day boosts e-commerce everywhere compared to last year [CNET]
In an attempt to avoid misguiding consumers: "Amazon and Google are being investigated for failing to remove fake product reviews" [CNN]
Facebook eCommerce push continues: "Facebook adds Shops to WhatsApp" [Techcrunch]
India Update: Govt issues draft e-commerce policy in a bid to tighten rope for Amazon, Flipkart in India [Money Control]
Let's make this week count,
Christian