📦 The Order : Weekly Roundup - M&A multiples plus TikTok & Shein marketplace moves
Issue #121
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week 📈
Light M&A rebound? Sellside Partners published their updated eCommerce M&A multiple report.
Movers & Shakers 🙌
The story of athleisure brand Jack Archner: “How DTC aggregator OpenStore scaled one of its brands from $1M to $10M in sales” [Modern Retail]
Guaranteed buyback options for DTC checkout: “Fintech Platform Croissant Launches with $24 Million in Initial Funding and a Mission to Change the Future of Commerce” [Business Wire]
Strategy 📈
Is Amazon.com Inc (AMZN) Significantly Undervalued? A Comprehensive GF Value Analysis [Yahoo Finance]
TikTok Shopping Center starting in August? “TikTok Launching E-Commerce Business Competing With Shein And Temu, Report Says” [Forbes]
More on the TikTok story: “TikTok Wants to Sell Made-in-China Goods to Americans” [WSJ]
Shein’s transformation to the everything store: “Shein Makes an Aggressive Pitch to Woo U.S. Amazon Sellers” [The Information]
Shopify Sidekick is like ChatGPT, but for e-commerce merchants [TechCrunch]
TikTok won't launch cross-border e-commerce services in Indonesia amid concerns [Reuters]
For the SaaS-y folks among you: “How Shopify builds product” [Lenny’s Newsletter]
Events 🎤
Amazon Accelerate, Sep 12-14, Seattle, US
eClimb Summit, Sep 21, London, UK
Seller Velocity Conference, Oct 11-12, New York, US
Amazon Ads unBoxed, Oct 24-26, New York City, US
Have a successful Prime Day week 🙌
Christian