📦 The Order : Weekly Roundup - US eCom stats, Warby Parker & On

May 19, 2024

Happy Sunday,

Here’s a quick roundup of last week’s news :

Chart of the Week #1: US eCom Growth

eCommerce keep growing: 8.5% YoY in Q1 — Amazon (+11% YoY) & Walmart (+22% YoY) are main platforms to benefit as Jason Goldberg highlights.

Financial Results Deep Dives

Marketplace Pulse pulse highlights how “Walmart Turns to China to Grow Marketplace”

Warby Parker shares jump after eyemaker boosts outlook [The Information]
On Holding Posts Another Strong Quarter in Q1, Led by Expanding DTC Sales [SGB Online]

Why more DTC brands are selling on Amazon—behind the risks and rewards [Ad Age]
Amazon Briefing: With rising fees, Amazon sellers are rethinking their Prime Day discounts [Modern Retail]
Amazon fights FTC probe of data safeguards in antitrust lawsuit [Reuters]
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push [PYMNTS]
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share [Yahoo]
Temu accused of breaching EU's DSA in bundle of consumer complaints [TechCrunch]
TikTok Shop Marks 500,000+ Merchants in the US [PYMNTS]
'Buckle up for the first thirty days': On TikTok Shop, brands continue to deal with a buggy and opaque platform [Modern Retail]
'TikTok Shop to go live in continental Europe this summer' [eCommerce News]
European Cross-border ecommerce reached 237 billion euros [eCommerce News]
Meesho, an Indian social commerce platform with 150M transacting users, raises $275M [TechCrunch]
…and you are an Amazon data nerd? This one’s for you: “Open e-commerce 1.0, five years of crowdsourced U.S. Amazon purchase histories with user demographics” [Nature Scientific Data]

Make this week count 🙌

Christian