📦 The Order : Weekly Roundup - Temu, BBG & Sorfeo
Issue #147
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week 📈
Marketplace Pulse this week looks into Temu’s rise that’s expected to further accelerate as “Temu Marketplace [is] Inviting US Sellers”:
Snapshot of the Week 🤖
Snapshot from our recent event “Frontiers of AGI” with leading AI companies — using automation to grow organic traffic is a core theme for 2024. Curious to see how this is achieved in a fully autonomous way?
Right: brands just enroll select ASINs once, then ongoing autonomous optimization to drive 20% organic uplift happens automatically. The best: it’s backed by a performance guarantee.
Movers & Shakers 🙌
Changes at the helm of Berlin Brands Group: Former Head of Europe for eBay to take over as CEO [Handelsblatt - in German]
Amazon Aggregator Sorfeo files for bankrupcy [Bezinga]
Strategy 🦈
Amazon Listing Update: Unoptimized listings can be “improved” by others sellers (hello, hijackers) [Vanessa Hung Linkedin | Amazon Seller Central News]
Amazon Briefing: How new U.K. buy box practices could impact the seller ecosystem [Modern Retail]
Amazon confirms more layoffs, impacting its Buy with Prime unit [Techcrunch]
E-commerce competition heats up for Amazon, Alibaba, Sea and Temu [The Strait Times]
Temu’s Most Loyal Shoppers Are Actually Boomers and Gen Xers [Bloomberg]
Shein’s marketplace is littered with gray-market products from top brands like Hoka [Modern Retail]
Events 🎤
Prosper Show, Mar 4-6, Las Vegas, US
ShopTalk, Mar 14-16, Las Vegas, US — Exhibitor opportunities
Make this week count 🙌
Christian