Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week:
Marketplace Pulse highlights the development of key marketplaces in “eCommerce winners & losers in 2022”.
Here’s a look at global GMV development:
Movers & Shakers 🤝
India: Mensa Brands & Globalbees health check [CNBC India]
MENA: Opontia feaeture - D2C & marketplace mix: “With its Thrasio-like model, Opontia aims to be MENA’s online house of brands” [Your Story]
Shaken up: The Bountiful Company: “A Supplement Company 'Hijacked' Its Amazon Reviews to Boost Sales, According to the FTC” [Gizmodo]
Strategy 📈
“Amazon Briefing: 2023 is ‘the year of survival’ for aggregators as deal flow slows” [Modern Retail]
“Amazon Briefing: Agencies are increasingly helping clients expand to other marketplaces” [Modern Retail]
“Amazon ranks No.1 for value and selection in the latest American Customer Satisfaction Index (ACSI)” [Amazon]
“Meet the new Amazon Small Business Academy, an expanded suite of free resources for entrepreneurs” [Amazon]
India’s Open Network for Digital Commerce: “Amazon joins Indian eCommerce initiative that seeks to challenge Amazon“ [Techcrunch]
De-branding: “Walmart is offloading outdoor brand Moosejaw six years after acquiring it as DTC brands prove tricky to integrate into large companies” [Business Insider]
“Shopify, Walmart and Amazon Joust for Merchants With Fulfillment-as-a-Service” [PYMNTS]
“Target bets on e-commerce by investing $100 million in hubs to speed up delivery” [CNBC]
Etsy’s take rate increase helps revenue growth, but Q4 weaker YoY: “Etsy, Inc. Reports Fourth Quarter and Full Year 2022 Results“ [PR Newswire]
China’s re-opening boost: “Alibaba shares rally 6% after massive earnings beat” [CNBC]
Hard, or inherently inaccurate? “Digital attribution is dead! Les Binet tells us why marketers need econometrics in 2023” [The Drum]
Events 🎤
Prosper Show, Mar 13-15, Las Vegas, NV
Shoptalk, Mar 26-29, Las Vegas, NV
Seller Sessions Live, May 13, London, UK
Make this week count 🙌
Christian