The Order : Weekly Aggregator Roundup - China Seller Edition
Chart of the week
Seller Motor shows that 48% of products with a Top 5000 Best Seller Rank are of Chinese origin:
New funding this week: $0M
Funding Craze 💰
More rounds in the making... but no announcements this week.
Strategy 📈
Among Alibaba's goals: to ship from China to anywhere in the world in 72 hours and it's ability to drive down costs further by further closing the link between Chinese manufacturers and consumers worldwide - "Alibaba Challenges Amazon With a Promise: Fast Global Shipping" [WSJ]
Amazon's crackdown on China sellers [Marketplace Pulse]
More on China sellers - while this article isn't free of prejudice - it brings together a number of insightful stats around around the performance and role of sellers from China on Amazon and competing platforms: "How Chinese Sellers are Manipulating Amazon in 2021" [eComCrew]
Indian aggregator 10Club investor Fireside Ventures details their investment - and also comments on Thrasio's $500M investment in the Chinese market: "Fireside Ventures’ Vinay Singh on the trend of Indian startups rolling up online brands" [KR Asia]
Thrasio expands European leadership team: "Thrasio lays the heat on Europe, calls 16 year Amazon veteran Georg Hesse to the plate" [Tech.eu]
Let's make this week count,
Christian
ps: to the soccer fans among our readers - congrats Italy 🇮🇹