The Order : Weekly Aggregator Roundup - Markai
Chart of the week:
As Marketplace Pulse reports based on its research Seller Discretionary Earnings (SDE) / Adjusted EBITDA multiples are averaging 4-8x in Q4 - pre earn-out upside which can push valuations into the 10x+ range.
New funding this week: $4M
Funding Craze 💰
US: Markai announced their $4M seed round led by Pear VC to focus on buying Chinese eCommerce brands [Techcrunch]
Strategy 📈
"Who's funding the aggregators" [Hahnbeck]
It just takes a look at your P&L to guess the significance: "Report claims Amazon collects over a third of seller revenue, bringing in $121B in 2021" Techcrunch]
The next frontier as VC & PE investment into the eCommerce ad space ramps up: "E-commerce ad firms are hot acquisition targets as online shopping takes off — here are the buyers and sellers trying to cash in" [Business Insider]
The Amazon Freight Partner program is looking to expand into a broader 3rd party logistics platform "Amazon Expands Trucking Program to Europe" [The Information]
🦃Turkey 5 - Part 1: "Customers drove record-breaking Black Friday through Cyber Monday sales on Amazon" [Amazon]
🦃Turkey 5 - Part 2: "Black Friday data adds to evidence e-commerce growth is slowing" [Techcrunch]
🦃Turkey 5 - Part 3: "Earlier Deals, Smaller Discounts: How Amazon Sellers Approached The Cyber 5 In 2021" [Forbes]
Let's make this week count,
Christian