The Order : Weekly Aggregator Roundup - Riogrande
Chart of the Week
Targeting Target? Then Marketplace Pulse revealed bad news this week in its analysis "Target Is Not Scaling Its Marketplace". The slowing growth however isn't necessarily a function of fading interest of sellers, but of Target's highly curated, invite-only approach to the marketplace. Control vs growth & innovation at play.
New funding this week: $12M
Funding Craze 💰
Latam: Riogrande announced its $12M seed round led by YC and Wollef - some of it already having been deployed - as the company currently ramps up its Series A efforts. The team is looking to mix acquiring brands (targeting 30) and for half of their portfolio incubating their own brands. [Techcrunch]
Movers & Shakers 🤝
India: Scaling up its DTC game: "E-commerce roll-up start-up Upscalio acquires 4 D2C brands" [Business Today]
Strategy 📈
Amazon and Maersk are setting up a fight for the world’s supply chains [Quartz]
Bookstores, 4-star locations and pop up locations out -- Fresh, Whole Foods & Go are moving in: "Amazon closing all bricks-and-mortar bookshops, pop-up stores"[Chicago Tribune]
"I made $1.4 million last year doing retail arbitrage on Amazon. Here's how I got my start with a $2 used cookbook." [Business Insider]
"BigCommerce is trying to lure merchants away from Shopify. Its partnership with the $11 billion checkout startup Bolt is its latest big move." [Business Insider]
How Google Is Preparing for the End of Internet Advertising (as We Know It) [The Information]
Events 🎤
Mar 12: Seller Barcamp in Munich | you will be there? 📬 Send us a ping
Mar 14-16: Prosper Show in Las Vegas | or will you be in Vegas? 📬 Send us a ping to meet in person
Let's make this week count,
Christian