The Order : Weekly Aggregator Roundup - Growve
Chart of the Week
Scott Galloway featured Christopher Mims new book Arriving Today who looks at supply chain efficiency: from container ships to labor shortages and Amazon's efficiencies. This NPR interview with Mims covers the core of his analysis.
New funding this week: $225M
Funding Craze 💰
US: Growve added credit facilities worth $225M led by Truist Bank, Wells Fargo Bank, N.A., and Bank of America to add to their current portfolio of 26 brands across supplements & active nutrition, home & leisure, beauty & personal care, lifestyle foods, and pet care & nutrition verticals. [Newswire]
Strategy 📈
"The cost of just-keep-it refunds could tick up to $4.4 billion for 2021 as retailers like Amazon and Target face record-high holiday returns" [Business Insider]
Shopee, Shein & Meesho lead in 2021 global eCommerce app downloads: "Amazon Slips to 4th in Global Shopping App Rankings" [Marketplace Pulse]
"4 Trends that will define eCommerce in 2022" [Techcrunch]
Digital payment trends: "How US Shoppers paid during the holiday season" [PYMNTS]
The next offline ad & checkout evolution: "A patent quietly filed by Shopify shows it edging closer to brick-and-mortar retail with a type of tech also used by Amazon" [Business Insider]
Events 🎤
Jan 28-29 2022: Brands of New India Mega Summit 2022, virtual [YourStory]
Let's make this week count,
Christian