📦 The Order : Weekly Roundup - BFCM Recap

Issue #139

Happy Sunday,

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

BFCM Spotlight 🦈

CommerceIQ CEO Guru Hariharan shows how BFCM evolved:

• Buy now pay later method a key driver in annual +9.8% sales growth: “Cyber Monday Sales Hit Record $12.4 Billion Even as Savings Dwindle” [Bloomberg]

• Amazon Briefing: Despite glitches, sellers report positive Black Friday weekend results [Modern Retail]

• Shopify merchants drive record-high $9.3 billion in Black Friday-Cyber Monday sales [Shopify]

• Jason & Scot Show Episode 315 – 2023 Turkey5 Recap with Salesforces Rob Garf [Retailgeek]

Strategy 🦈

• Large acquisitions likely to continue: Amazon ‘roll-ups’ in ‘cycle of survival’ talks to boost balance sheets [The Financial Times]

• Amazon boost: “The Biggest Delivery Business in the U.S. Is No Longer UPS or FedEx” [Wall Street Journal]

• Amazon Turkey 11: Metrics you should care and why! [Jeffrey Cohen Linkedin]

• Americans Are Finally Turning Frugal After Splurging Over Summer [Bloomberg]

• ‘Amazon drives cross-border sales for German SMEs’ [eCommerce News]

• Jack Ma Returns to Rally Troops as Alibaba’s Troubles Deepen [Bloomberg]

• Shein has filed to go public and is reportedly seeking up to $90 billion valuation. Here's how Shein chartered a meteoric rise. [Business Insider]

• TikTok obtaining Indonesia e-commerce permit - state media [Reuters]

Events 🎤

• National Retail Federation - Retail’s Big Show, Jan 14-16, New York, NY

• The Fortia Group’s eCommerce Summit for Acquirers, Jan 16, New York, NY

• ShopTalk, Mar 14-16, Las Vegas, US — Exhibitor opportunities

Make this week count 🙌

Christian