The Order : Weekly Aggregator Roundup - BFCM stats
BFCM in full swing
Adobe's shopping trends shows sales current sales performance. Additional stats in Adobe's Insights Report.
Also, Shopify is crushing it. Both their merchants - Total GMV on BF up 19% YoY (w/o currency effects) [Shopify] - plus the data viz team [Shopify Datastories 😍]:
Chart of the week:
Paypal published EU-focused stats on online shopping and payment behavior. Consumers across the EU & UK spend an average of 342EUR online each month. Access the detailed report here.
New funding this week: $ -- M
Funding Craze 💰
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Movers & Shakers 🤝
Thrasio Multichannel Ads Case Study - from Amazon: "Learn how Thrasio benefited from a partnership with Zeenk to combine multichannel insights" [Amazon Advertising]
Society Brands tech platform feature: "E-Commerce Aggregator Society Brands Has ‘Robust’ Pipeline Of Acquisitions; Rolls Out Tech Stack" [Forbes]
Strategy 📈
Is Amazon Pushing Prices Higher? Legal Wars Are Waging to Prove It [Cnet]
Not only in CA & DC: "Investigation Amazon by German antitrust watchdog extended" [eCommerce News]
India issues guidelines to curb fake reviews on e-commerce platforms [Yahoo]
Pinduoduo's sister shopping app Temu tops US App Store [Techcrunch]
"China set to fine Ant Group over $1 bln, signalling revamp nears end" [Reuters]
Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months [Techcrunch]
BFCM Primer: Billions of Dollars Are at Stake in a Puzzling Holiday Shopping Season [NY Times]
Amazon Stock Is Down Big. Get Ready for a Huge Rally. [Barron's]
"How retailers are reshaping the advertising industry" [Financial Times]
\Events 🎤
Titan Holiday Parties, Dec (various)
eCom Camp, Jan 8-10, Orlando, FL
Black Friday was good? The best is yet to come 🎉
Let's make this week count,
Christian