Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week 📈
Marketplace Pulse highlights Amazon marketplace performance in “Amazon’s fastest growing markets”:
Benchmark of the week 🎯
Powered by Xapix - reach out to us for custom insights for your products.
Deep dive into the clothing, shoes & jewelry category - this time with a comparison of March conversion rates versus the holiday season:
Movers & Shakers 🙌
Japan: With $186M in revenues 2022 Asian eCommerce platform AnyMind IPOs in Tokyo [Anymind]
US: Pattern & Win Brands Feature - “Will more direct-to-consumer brands join holding companies?” [Thingstesting]
India: “D2C Ecommerce Acquires Leading Lifestyle Electronics Brand HiLife from Hungama” [Live Mint]
Strategy 📈
Shoptalk News 1: Pacvue takes over Assembly: “As competition for the $45 billion retail media market heats up, one of its biggest players is expanding beyond advertising to stay on top” [Business Insider]
Shoptalk News 2: Skai Takes On Walled Garden Media [P2PI]
“Amazon Starts Warning Customers About ‘Frequently Returned’ Items” [The Information]
“Amazon sellers are using ChatGPT to help write product listings in sprawling marketplace” [CNBC]
‘Fair pricing’ policy at the center: “Amazon loses bid to toss consumer antitrust lawsuit” [Reuters]
Livestreams: “TikTok and Amazon Bet on China’s Ecommerce Model. It’s a Dud” [Wired]
“Amazon targets multiple bad actors in novel lawsuit, further protecting selling partners from fraud” [About Amazon]
“Amazon sues sellers for issuing bogus takedown requests on competitors” [The Verge]
When ‘working for the community’ goes beyond ethical and legal boundaries: “Amazon Consultant Pleads Guilty in Bribe Plot to Aid Merchants” [Bloomberg]
‘What a Ban on TikTok in the US Could Mean for Brands and Retailers” [PYMNTS]
Shopify CEO interview: “Shopify's President Breaks Down the Best Ways to Grow Your Ecommerce Business” [Entrepreneur]
“Alibaba, China’s E-Commerce Giant, Will Split Into 6 Units” [New York Times]
'“Polish e-commerce firm Allegro eyes higher Q1 profit, shares rise” [Reuters]
Events 🎤
Seller Barcamp, May 19, Dortmund, Germany
Seller Sessions Live, May 13, London, UK
Make this week count 🙌
Christian