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
It will be great to see india e-commerce business.