The Order : Weekly Aggregator Roundup - Rainforest & Razor Group

Chart of the week

Moonshot Brand's Jesus Sotelo Ayuso breaks down the current interest rate changes and its impact on exits in Moonshot's blog: "What Does the Fed Rate Hike Mean for Amazon Sellers and Other Small Businesses Looking to Exit?"

US Federal Funds Effective Rate [Source: Board of Governors of the Federal Reserve System]

Report of the week

Valuations have come down in the current environment, more so the question is whether - and at what level - a seller represents an interesting target for a buyer (and an M&A advisor to take their mandate). "Hahnbeck’s Report On Exit Strategy In 2022-23" insightful look for sellers into market timing, valuations, exit strategies.

🧐 Curious about your current valuation? Run a quick check with Flip my Brand and stay up to date on its development.

Amazon FBA SDE Exit Valuations [Hahnbeck]

New funding this week: $445M

Funding Craze 💰

• Europe: Razor Group added a $400M credit facility from BlackRock & Victoria Park Capital [Business Insider]

• South East Asia: Rainforest added $45M in funding led by Canopy Tropics (a subsidiary of PE firm Southern Capital Group) to build a house of brands for the modern mom. Rainforest currently covers 13 brands with first year operational revenue exceeding $30M [Tech in Asia]

Movers & Shakers

• India: "Former Uber execs-founded Evenflow enters overseas [-> US] markets with 8th acquisition" [VC Circle]

Strategy 📈

• E-commerce grocery companies shift focus to large packs to drive higher returns [Economic Times]

• Shopify makes B2B push in attempt to regain momentum [Financial Times]

• Twitter partners with Shopify to bring merchants' products to Twitter Shopping [Techcrunch]

• Shopify Adds NFT-Gated Option for Online Retailers [Decrypt]

• The builder nature of Shopify: "Shopify goes soul-searching" [Wired]

• Pinterest Deal Indicates A Major E-Commerce Push [Nasdaq]

• China's second largest online sales event 618 delivers a 5% YoY GMV increase for JD: "JD.com’s 618 Shopping Festival GMV result" [eCommerceDB]

Events 🎤

• PowWow July 12-13 in Palm Beach Florida | considering to attend/exhibit? Let me know & happy to connect you with the team

• Billion Dollar Seller Summit, Aug 14-18 in Austin

➕ One more thing...

Xapix has grown to serving insights for more than 210,000 products by now across about 4,000 brands. As we are preparing new offerings, we'd love your quick feedback on what tooling advancements would make the biggest impact for you. Take an active role in our roadmap & the future of eCom tooling via this form 🙌

Let's make this week count,

Christian