Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week #1: Prime Big Deal Days
Numerator provides a great roundup on Prime Big Deal Days:
Chart of the Week: Price Inflation
Smartscout digs into price evolution across 10M ASINs on Amazon in “Amazon Inflation Outpaces National Average”
Movers & Shakers 🙌
Olsam: After a number of ownership & role updates over the past months the announcement is out: “Olsam Announces New Investment and Appointment of Ben Poynter as CEO” [Olsam]
Debt to Equity Swap: BlackRock to Become Top SellerX Shareholder After Debt Deal [Yahoo]
Hasn’t been long since Flexport either: Former Amazon Consumer Chief Raises $100 Million for New Logistics Startup [The Information]
Strategy ♟
Amazon’s Prime Big Deal Days was the company’s biggest October shopping event ever [Amazon]
Amazon’s new AI Shopping Guides make it easier to research product types and buy smarter. Here’s how. [Amazon]
US antitrust case against Amazon to move forward [Reuters]
Amazon Laid the Brandless Foundation for Temu [Marketplace Pulse]
Brands are cautious about Google and Meta’s gen AI holiday ad push [Modern Retail]
Shein reports $2BN in 2023 UK Revenue ahead of potential London IPO [The Information]
Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers [PYMNTS]
Indonesia bans e-commerce firm Temu over fears its small enterprises could be ‘destroyed’ [Channel News Asia]
PayPal enters the ads game, led by an architect of Uber's $1 billion advertising business [Business Insider]
Shoppers get more options as China’s e-commerce giants Alibaba, JD take steps towards integration [The Strait Times]
Events 🎤
Amazon unBoxed, Oct 14-16 in Austin —> Jeffrey Cohen’s must read guide if you will be anywhere near Austin
Shoptalk, Oct 16-18 in Chicago
Amazon Innovate, Oct 29-30 in New York
Make this week count 🙌
Christian