📦 The Order : Weekly Roundup - Amazon Q3, Nexxus, Olsam, GoNorth & Spotter

Nov 03, 2024

Happy Sunday,

Here’s a quick roundup of last week’s news:

Chart of the Week:

Amazon’s impressive growth continues — Q3 at a glance:

Full details here.

The next wave: Nexxus Capital Acquires Assets of Top Amazon Aggregator, Intrinsic Brands [PR Newswire]
Meesho claims Indian e-commerce first with positive cash flow [TechCrunch]
Amazon Invests in Spotter, Which Has Paid Out More Than $940 Million to Creators [Variety]
Viably Announces Strategic Acquisition of BeProfit to Enhance Ecommerce Banking Solution [EIN Presswire]
Mounting creditor pressure at Olsam [Stifted]
Go North restructuring [Wall Street Journal]

Amazon Projects Strong Holiday Season Revenue and Profit [Bloomberg]
The Oprah Boost: “Oprah’s Favorite Things 2024: 10 unique small businesses to shop for holiday gifts in Amazon’s store” [Amazon]
Amazon Plans to Pair Black Friday Games From NBA, NFL [Variety]
The Amazon Everyone Should Have Feared [Marketplace Pulse]
Amazon shows seller ratings on product search results in new test [Geekwire]
Amazon Shares Rise on Robust Demand, Surge in AI Infrastructure Spending [Wall Street Journal]
Amazon’s latest actions against fake review brokers: Amazon and Google file parallel lawsuits against a fake review website [Amazon]
Brands are preparing their ad strategies for a week of post-election uncertainty [Modern Retail]
Research Briefing: Brands bet on gift guides, haul videos to inspire holiday gifting [Glossy]
Shopify Is Winning Salesforce Clients, Stoking E-Commerce Rivalry [Yahoo]
EBay Falls After Projecting Lackluster Holiday Season Sales [Bloomberg]
LVMH's third-quarter revenue declines as consumers more cautious [Insider Retail]

Make this week count 🙌

Christian