The Order : Weekly Aggregator Roundup - Wholesum & Go North

Chart of the Week:

800 new sellers get their first review on Amazon - every day. Learn more about how new seller signups have scaled up on Amazon in Marketplace Pulse's latest article: "Amazon Is Adding Thousands of New Sellers Daily"

New Sellers on Amazon Globally Based on First Review Date [Marketplace Pulse]

New funding this week: $58M

Funding Craze 💰

• Korea: Wholesum announced its Series A fundraise for $15M in equity and $35M in debt to discover made-in-Korea brands that primarily sell on local e-commerce marketplaces & scale them across Amazon and other marketplaces globally [Techcrunch]

• EU: Go North announced its $8M seed round led by eEquity to scale up acquisitions of FBA brands [Tech.eu]

Movers & Shakers 🤝

• Rebel Foods acquires controlling stakes in luxury chocolate brand SMOOR [Business Standard]

• The seller-funding space heats up: "Madrid FinTech RITMO Grabs $200M+ to Grow eCommerce Financing and Payments Platform" [PYMNTS]

Strategy 📈

• Has Amazon properly disclosed how it's using third party seller data for its product development? "SEC Is Investigating How Amazon Disclosed Business Practices" [Wall Street Journal]

• "Amazon to Appeal New York Union Victory" [The Information]

• "Shopify’s 50% Slump Proves That It’s No Amazon" [Bloomberg]

• "Walmart's Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources" [Yahoo Finance]

• "India's Tata launches "super app" in e-commerce challenge to Amazon, Walmart" [Yahoo Finance]

• "Chinese eCommerce Startup Shein Raising Funds at $100B Value" [PYMNTS]

• JD.com Founder Steps Away From Role as CEO [The Information]

Events 🎤

• eCom World, May 4-6 online

Let's make this week count,

Christian