Happy Sunday,
Hereās a quick roundup of last weekās news :
Chart of the Week
Amazonās headcount tripled between 2017 - 2022 - growth in ads is accelerating. More details in āAmazonās Five-Year Corporate Hiring Binge, Revealedā [The Information].
Strategy š¦
Amazon Captured 29% of Online Orders Before Christmas [Bloomberg]
$3B from video ads plus additional prime revenues: āAmazonās Video Ad Push Expected to Generate an Extra $5 Billion in Revenueā [Bloomberg]
Amazon marketplace crackdown has sellers searching for legal help [Ars Technica]
Listing optimization at Perry Ellis featured around min 2: āWhy OpenAIās Customers Are Eyeing Its Competitorsā [WSJ Tech Briefing]
Enter Stage 2: āTikTok Shop Hikes Seller Fees, Axes Subsidiesā [The Information]
TikTok Eyes $17.5 Billion Shopping Business on Amazonās Turf [Bloomberg]
Target bets big on items Walmart and Amazon can't sell [The Street]
Lazada cuts staff amid speculation of upcoming IPO [The Strait Times]
Flipkart cofounder Binny Bansal launches OppDoor, an ecommerce startup focussed on online brands [Economic Times]
Events š¤
Amazon Ads @ CES, Jan 9-11, Las Vegas, NV
National Retail Federation - Retailās Big Show, Jan 14-16, New York, NY
The Fortia Groupās eCommerce Summit for Acquirers, Jan 16, New York, NY
ShopTalk, Mar 14-16, Las Vegas, US ā Exhibitor opportunities
Make this week count š
Christian