Happy Sunday,
Here’s a quick roundup of last week’s news :
Insight of the Week
In ‘Shopify’s Shop App Is a Maybe $1 Billion Marketplace’ Marketplace Pulse highlights how Shopify’s ‘passive’ marketplace is both sizeable, but also just represents <0.5% of Shopify’s total GMV
Movers & Shakers 🙌
Society Brands Executes Deal to Acquire Vitality Now, a Successful Direct-to-Consumer Health and Wellness Brand [PR Newswire]
Shopify acquires Checkout Blocks, a checkout customization app [Techcrunch]
Shopify acquires Threads (no, not that one) [Techcrunch]
Strategy 🦈
Amazon AI spots product defects, reduces waste [Amazon]
Amazon's Shopify killer got off to a slow start, according to sellers and internal emails [Business Insider]
TikTok Pauses E-Commerce Push into Europe to Focus on US [Bloomberg]
Seasonal creative topic Using Generative AI for Micro-Season Ad Campaign Creatives [Linkedin]
China's Alibaba is courting European and U.S. small businesses as it goes global [CNBC]
IPOs of Flipkart, PhonePe could take couple of years, says Walmart exec [Business Standard]
Shein is bad for the fashion industry and our planet—but I can’t wait for the IPO [Fortune]
VC funds take a shine to new gen’s D2C brands [Economic Times]
Top eBay Reseller Shares Mistakes to Avoid When Using the Platform [Business Insider]
Snowflakes were melting this week: “The Snowflake Attack May Be Turning Into One of the Largest Data Breaches Ever” [Wired]
SEO In Crisis? Moz Search Scientist Warns Of Challenges Ahead [Search Engine Journal]
Christmas shipments rush risks deepening supply chain crisis, warns Maersk boss [Financial Times]
Supply Chain Deep Dive: “The Floating Traffic Jam That Freaked Us All Out” [NY Times]
Job Opportunity 👩🚀
Operations Specialist - Amazon Automation Control Center ]with Autopilot]
Events 🎤
Amazon Seller Partner Dev Summit, Jun 28-29 in Seattle
Amazon Accelerate, Sep 17-19 in Seattle
Make this week count 🙌
Christian