📦 The Order : Weekly Roundup - TikTok, Berlin Brands Group & Kite
Issue #154
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the Week
Wall Street Journal’s ‘TikTok’s Business, in Charts’ digs into stats around the platform that is facing political headwinds in the US. The stats highlight its addictive nature.
New Amazon AI Listing Feature
As announced at last year’s Accelerate conference, Amazon now rolled out listing generation by link to web pages.
The one-time setup feature will help sellers improve their initial listing — ongoing listing optimization can then be performed fully on Autopilot 📼.
Movers & Shakers 🙌
Big ownership change coming up: Investment Firm HPS is set to acquire Berlin Brands Group from Bain & other shareholders. The European Commission cleared the acquisition this week. [European Commission]
Brand Boost: Liquid Death Closes $67M in Funding [FinSMEs]
Kite 🪁, no more: Blackstone-Founded E-Commerce ‘Roll-Up’ Firm Shuts Down [The Information]
Downscaling post-acquisition: Perch to lay off 94 workers from Boston HQ in four stages [Boston Business Journal]
Strategy 🦈
Amazon plans 'Big Spring Sale' that's not just for Prime members starting March 20 [CNBC]
Some advertisers are doubling their Amazon spends at the expense of Meta and Google. Here's what's driving the change. [Business Insider]
Sellers Worry over New Amazon Return Policy [eCommerce Bytes]
Amazon Featured Offer Buy Box eligibility from May 2024 [ChannelX]
Analysis: Amazon sellers say their businesses are facing an extinction event—they might not be wrong [Fortune]
Refund fraud schemes promoted on TikTok, Telegram are costing Amazon and other retailers billions of dollars [CNBC]
Amazon Briefing: After a disastrous two years, here's how aggregators are valuing brands now [Modern Retail]
DTC Briefing: Aggregators are undergoing a correction as issues around debt come to a head [Modern Retail]
Temu launches marketplace in the US [Marketplace Pulse]
Inside the plan to save Zulily: How ‘The Profit’ will try to revive a once high-flying e-commerce brand [Geek Wire]
TikTok Ban Bill Spotlights Open Secret: App Loses Money [The Information]
AliExpress is first online marketplace to face DSA investigation by EU [TechCrunch]
Fast Fashion Shop Shein Set to Face EU Scrutiny Under Digital Content Rules [Bloomberg]
Events 🎤
ShopTalk, Mar 14-16, Las Vegas, US — here’s a great conference guide
» At Shoptalk this week? Come & say hi 👋
Make this week count 🙌
Christian