Happy Sunday,
Cheers too our 100th issue of 📦 The Order - and thanks for keeping our space, and this newsletter fun as we are shaping the world of digital-first brands.
Here’s a quick roundup of last week’s news :
🎪 Meet at Prosper?
Prosper Show is just around the corner (Mar 13-15), let me know if you are around 👋 Also, we are putting together a feature for brands in the newsletter.
👉 To participate in the feature for your brand(s) and/or get a profitability review in person, sign up here.
Chart of the week:
As Marketplace Pulse highlights in “Target’s curated Marketplace turns four” Target+ remains an exclusive channel with currently “just” 650 sellers benefitting from the company’s 200M monthly site visits.
Funding Craze💰
APAC: Una Brands added $30M (mix of equity & debt) in a pre-Series C round from Northstar Group. Una is currently at a $70M revenue runrate and has acquired 20+ brands. [Techcrunch]
Strategy 📈
Responsible Online Commerce Coalition: “Group of businesses unite to battle Amazon” [Seattle Times]
“Amazon Expands Same-Day Delivery, With Fees, While Battling Slow Growth” [Wall Street Journal]
“Amazon Advertising talent is being poached for C-suite roles at other firms. Meet 9 former execs who jumped to companies like LoopMe and Walmart.“ [Business Insider]
“Chinese E-Commerce Flourishes on U.S. Soil” [Wall Street Journal]
DTC worries: “‘Holding our inventory hostage’: For growing brands, VC-backed 3PLs have become a sore spot” [Modern Retail]
Awesome demo of Shopify’s evolution (powered by their latest OpenAI partnership): Harley Finkelstein’s demo of the AI Shopping Assistant [Linkedin]
Shopify push: “Grocers Try Shopify to Break Reliance on Instacart” [PYMNTS]
“The top 10 consumer goods companies of 2023” [Fast Company]
“Social commerce startup Mavely hits $150M in GMV” [Axios]
Events 🎤
Prosper Show, Mar 13-15, Las Vegas, NV
Shoptalk, Mar 26-29, Las Vegas, NV
Seller Sessions Live, May 13, London, UK
Make this week count 🙌
Christian