📦 The Order : Weekly Roundup - Branded, Heyday & SellerX

Issue #178

Happy Sunday,

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

Chart of the Week

SellSide partners highlights in their current study ‘E-Commerce & Software M&A Multiples Update H1/2024’ how the M&A multiples have stabilized:

EBITDA multiples on brands with c. $500k SDE

Movers & Shakers 🙌

BlackRock is making moves:

• BlackRock move #1: Branded to acquire & combine with Heyday to form Essor [CNBC]

• BlackRock move #2: auction SellerX assets on Sep 17 [Yahoo]

Strategy ♟

• Now, Amazon India to enter quick commerce [Entrackr]

• Walmart Fulfills Orders for Two-Thirds of Its Sellers [Marketplace Pulse]

• How Walmart is using AI to update key functions like search [Modern Retail]

• China's market regulator says e-commerce giant Alibaba has completed three-year 'rectification' period [Reuters]

• China fast-fashion retailer Temu soared like a rocket for two years — in just a few hours, its parent company lost more than $50 billion in market value [Fortune]

Job Opportunity 👩‍🚀

• Operations Specialist - Amazon Automation Control Center [with Autopilot]

Events 🎤

Join Autopilotbrand.com along with Finale Inventory, Jungle Scout, PickFu & Trellis on Tue, Sep 17 6.30pm after the first day of Accelerate. Apply for one of the spots today here with code: Amazon-Accelerate-HH

• Amazon Accelerate, Sep 17-19 in Seattle

• Amazon unBoxed, Oct 14-16 in Austin

Make this week count 🙌

Christian