The Order : Weekly Aggregator Roundup - Dianxiaomi
Chart #1: eCommerce Growth
Statista sees global eCommerce recover heavily in 2023 after the 2022 hit.
Chart #2: FBA Fees
Amazon FBA fees are set to increase for the holiday season. A move that is not uncommon in the fulfillment space will bump FBA fees to their highest to date in mid October. Marketplace Pulse looks at the development of the fees in "Amazon Fulfillment Fees Up 30% in Two Years".
Chart #3: Ad spend
JungleScout released its 2022 Seasonal Amazon Advertising Report with insights across all areas of ad activity.
Chart #4: Target
Target takes a beating in its earnings. While revenues grew 2.6% YoY in Q2 (driven by digital sales growth of 9%), overall operating income margin was down to 1.2% in Q2 (vs 9.8% in Q2 2021).
New funding this week: $110M
Funding Craze 💰
China: E-Commerce SaaS Platform Dianxiaomi announced a $110 Million Series D funding to accelerate its international expansion [17Track]
Movers & Shakers 🤝
US: Win Brands Group acquired infrared sauna blanket maker MiHIGH [Axios]
UK: Threecolts Acquires FeedbackWhiz, the Leading Email and Review Automation Tool for Amazon Sellers [PR Newswire]
Strategy 📈
A critical read for brands considering to move to Amazon: "Should Your Company Sell on Amazon?" [Harvard Business Review]
New sellers fill the Cloudtail gap in India: "‘Mini Cloudtails’ mushroom on Amazon after largest seller shuts down" [Economic Times]
Amazon accuses the FTC of harassing founder Jeff Bezos and CEO Andy Jassy as part of an investigation into Prime [Business Insider]
Spotlight on Delivery Service Partners: "How Amazon’s DSP program has created $26 billion in revenue for owners" [Amazon]
13,000 sellers shut down for fraudulent activities: "Amazon suspends thousands of Pakistani sellers’ accounts" [Daily Pakistan]
"Shopify launches Collabs, a new way for creators to earn revenue on the platform" [Techcrunch]
"China Factory Orders Drop in Ominous Sign for Global Outlook" [Bloomberg]
"Alibaba loses the world to Shopee, as Singapore’s hit app now sells more than the Chinese giant" [Vulcan Post]
"Angel investors are swooping in to write the checks VCs won't for DTC startups. Founders say the funding rounds are smaller, but angels are 'the most valuable' investors to have." [Business Insider]
"Flipkart's venture arm to invest in six startups" [Economic Times]
Events 🎤
Amazon Accelerate, Sep 14-15 in Seattle + virtual
Let's make this week count,
Christian