Posts filtered by tags: Amazon Marketplace[x]


Led by ex-Amazonians, Acquco raises $160M to buy and scale e-commerce businesses

There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses. The latest is Acquco, which aims to stand out from the others in that it was formed by a pair of founders — Raunak Nirmal and Wiley Zhang — who actually worked at Amazon, and then built multimillion-dollar businesses on its platform. The New York City-based startup has raised $160 million in debt and equity in a Series A round that it says will fund ...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Publishing, China, Funding, New York City, Godaddy, Startup, Supply Chain, E-commerce, United States, Philippines, Mexico City

Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

Una Brands’ co-founders (from left to right): Tobias Heusch, Kiren Tanna and Kushal Patel. Una Brands Una Brands One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and , focus on consolidating Amazon Marketplace sellers. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rak...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Australia, Southeast Asia, Singapore, Tech, West, United States, Asia Pacific, Foodpanda, 500 Startups

Berlin’s Razor Group raises $400M to buy and scale Amazon Marketplace merchants

The market remains very hot for startups building e-commerce empires by consolidating independent third-party merchants that have gained traction on Amazon’s Marketplace, and in the latest development, Razor Group — a Berlin-based startup buying up promising Amazon sellers and scaling them into bigger, multi-channel businesses — has closed financing of $400 million to scale its own efforts in the space. Around $25 million is coming in the form of equity to grow its business and $375 million is i...
Tags: Amazon, TC, Ecommerce, Europe, Berlin, India, Funding, Tech, Razor, Global Founders Capital, Blackrock, FBA, Ahluwalia, Wanelo, Amazon Marketplace, Tom Welch

A California Appeals Court Holds Amazon Responsible In Third-Party Sales

A hoverboard burst into flames, harming the person who bought it from a third-party seller on Amazon Marketplace and leading to a court case in which a California appeals court said Amazon can’t duck out on this one. “Bottom line: Amazon — and by extension other online retailers — isn’t just a bystander when someone purchases a third-party product. It’s a key part of the transaction. And it can be held accountable if that product turns out to be harmful.” – Los Angeles Times
Tags: Amazon, Art, California, Issues, Amazon Marketplace, 04.29.21, California Appeals Court Holds Amazon

California Appeals Court Rules Amazon Can Be Held Liable for Third-Party Sellers' Faulty Products

A new chapter unfolded this week in Amazon’s years-long legal battle over selling exploding hoverboards. A California appeals court has ruled that the e-commerce giant is responsible for the safety of third-party products sold on its platform, according to the Los Angeles Times.Read more...
Tags: Amazon, Publishing, Science, California, Retailers, Gizmodo, Rivers, Products, Amazon Marketplace, Christopher Dolan, Legal Liability, Tort Law, Los Angeles Times Read, 3d Publishing, Law Crime, Retractable Dog Leash

Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands

The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate them as one. In the latest development, Berlin Brands Group has raised $240 million that it says it will be using to acquire smaller but promising enterprises in Europe and North America — specifically the U.S. — that are already making between $1 million and $100 million in sales via marketplaces ...
Tags: Amazon, Ecommerce, Europe, Tech, North America, Amazon Fulfillment, FBA, Europe Asia, BBG, Amazon Marketplace, Roll Up, KLARSTEIN, Thrasio, Berlin Brands Group, Peter Chaljawski, Chaljawski

How to Support Your Beautician Business During COVID-19

We are living in uncertain times, and the lockdown has impacted some sectors more than others. Along with the hospitality industry, beauticians have experienced the adverse effects of the pandemic more than most. Even when hairdressers could work, treatments requiring close contact were not allowed. Consequently, for the best part of a year, those working as beauticians have been unable to earn money. It is also not the easiest of businesses to take online, but not impossible. Here we explore t...
Tags: Business, Etsy, Digital, Sales & Marketing, Right Now, Amazon FBA, Armagh Northern Ireland, Amazon Marketplace, Etsy eBay, Laura McLoughlin

Thrasio raises $100M for its Amazon roll-up play, appoints retail CFO for its next steps

Thrasio, an early mover and leading player in the wave of startups emerging to consolidate and scale companies that sell their goods mainly via Amazon’s Marketplace, has raised some more funding and is making a key executive appointment to do some scaling of its own. The company, which to date has acquired and consolidated some 6,000 companies selling on Amazon, has picked up $100 million, and alongside that it’s announcing a new CFO, retail vet Bill Wafford, as it eyes up its next steps, includ...
Tags: Amazon, Startups, TC, Ecommerce, Seo, Walgreens, Jc Penney, FBA, SPAC, Amazon Marketplace, Oaktree, Silberstein, Roll Up, Jason Finger, Amazon s Marketplace, Josh Silberstein

Hydrolix snares $10M seed to lower the cost of processing log data at scale

Many companies spend a significant amount of money and resources processing data from logs, traces and metrics, forcing them to make trade-offs about how much to collect and store. Hydrolix, an early stage startup, announced a $10 million seed round today to help tackle logging at scale, while using unique technology to lower the cost of storing and querying this data. Wing Venture Capital led the round with help from AV8 Ventures, Oregon Venture Fund and Silicon Valley Data Capital. Company CEO...
Tags: Google, Startups, TC, Cloud, Enterprise, Funding, Tech, Aws, Metrics, Wagner, Kagan, Wing Venture Capital, Amazon Marketplace, Peter Wagner, Scalyr, Recent Funding

Fake Amazon Reviews 'Being Sold in Bulk' Online

Fake reviews for products sold on Amazon's Marketplace are being sold online "in bulk", according to Which? The consumer group found 10 websites selling fake reviews from $7 each and incentivising positive reviews in exchange for payment or free products. From a report: It suggested the firm was facing an "uphill struggle" against a "widespread fake reviews industry". An Amazon spokesman said: "We remove fake reviews and take action against anyone involved in abuse." The retail giant's Marketpla...
Tags: Amazon, Tech, Amazon Marketplace, Fake Amazon

UK Consumer Group: Fake Amazon reviews 'being sold in bulk' online

A Which? investigation found 10 sites offering fake Amazon Marketplace reviews from as little as £5 each.
Tags: UK, Amazon Marketplace, Fake Amazon

Fake Amazon reviews 'being sold in bulk' online

A Which? investigation found 10 sites offering fake Amazon Marketplace reviews from as little as £5 each.
Tags: UK, News, Amazon Marketplace, Fake Amazon

Tony Florence, the low-flying head of NEA’s tech practice, on the art of building household brands

Tony Florence isn’t as well known to the public as other top investors like Bill Gurley or Marc Andreessen, but he’s someone who founders with SaaS and especially marketplace e-commerce companies know — or should. He’s responsible for the global tech investing activities for NEA, one of the world’s biggest venture firms in terms of assets under management (it closed its newest fund with $3.6 billion last year). Florence has also been involved with a long list of e-commerce brands to break throug...
Tags: Amazon, Tech, Walmart, Vox, Florence, Tfl, Nea, Marc Lore, Marc Andreessen, Bill Gurley, Paltrow, Marc, Amazon Marketplace, Luisana, Scott Sandell, Tony Florence

Tony Florence, the head of NEA’s tech practice, on building breakthrough brands

Tony Florence isn’t as well known to the public as other top investors like Bill Gurley or Marc Andreessen, but he’s someone who founders with SaaS and especially marketplace e-commerce companies know — or should. He’s responsible for the global tech investing activities for NEA, one of the world’s biggest venture firms in terms of assets under management (it closed its newest fund with $3.6 billion last year). Florence has also been involved with a long list of e-commerce brands to break throug...
Tags: Amazon, Tech, Walmart, Vox, Florence, Tfl, Nea, Marc Lore, Marc Andreessen, Bill Gurley, Paltrow, Marc, Amazon Marketplace, Luisana, Scott Sandell, Tony Florence

Thrasio raises $750M more in equity for its Amazon roll-up play

The Amazon Marketplace roll-up play is well and truly underway. In the latest development, Thrasio — one of the biggest and earliest movers in the market to consolidate third-party sellers on the platform, with the promise to provide better economies of scale to manage and grow those businesses — announced that it has raised another $750 million at a valuation that is likely to be over $3.75 billion. The funding is being led by existing backers Oaktree and Advent, and it includes participation f...
Tags: Amazon, Ecommerce, Funding, Tech, E-commerce, FBA, Amazon FBA, Cashman, Amazon Marketplace, Oaktree, Jason Finger, Joshua Silberstein, Thrasio, Berlin Brands Group, Roll-ups, Peak6 Western Technology Investment

Target Global leads $150M round for Amazon Marketplace consolidator Branded

There’s been a profusion of startups emerging in the last year around the concept of rolling up smaller e-commerce businesses — operations that mainly sell and distribute their products on marketplace platforms like Amazon’s — using economies of scale to bring them together to run and grow them more efficiently. Today, one of the latest of these, Branded Group, is coming out of stealth with a significant round of funding. The company has picked up $150 million and says that since quietly opening...
Tags: Amazon, Ecommerce, Asia, Softbank, Tech, Alibaba, Michael, FBA, Pierre, Ronen, Amazon Marketplace, Lazada, Europe United States, Branded, Michael Ronen, Ben Kaminski

Berlin Brands Group commits $302M to acquire D2C and Amazon merchants

If the rise of direct-to-consumer businesses has been one of the big e-commerce trends of the last decade, then the growth of startups raising huge rounds to consolidate D2C players, to bring more economies of scale to the model, has definitely been a related theme of the past year. In the latest move, a startup out of Germany called the Berlin Brands Group has announced that it plans to invest €250 million (about $302 million at today’s rates) to buy up smaller companies and bring them into its...
Tags: Amazon, Fundings & Exits, Ecommerce, Europe, France, Germany, Berlin, Tech, Bbc, Sony, Shopify, BBG, Amazon FBA, Amazon Marketplace, Thrasio, Berlin Brands Group

SCOTT GALLOWAY: Kids are spending almost 3x as much time on gaming platform Roblox than they are on TikTok, YouTube, or Instagram. Here's why I think Roblox will be a great stock and break from the 'menace economy' of big tech.

Of Roblox's full-time employees, 79% of them are engineers - a higher percentage than Apple, Netflix, or Google. Phil Noble/Reuters Scott Galloway is a bestselling author and professor of marketing at NYU Stern. The following is his recent blog post, republished with permission. It originally ran on his blog, "No Mercy / No Malice." In it, Galloway writes about the power of companies launching their own platform to amass customers and create what are essentially mini supply and demand ...
Tags: Google, Amazon, Facebook, Hbo, Christopher Nolan, Hollywood, Instagram, Etsy, Time Warner, Opinion, Ipo, America, Trends, Walmart, AT T, Aol

At Least 10 Amazon Employees Took Bribes from Sellers, Indictment Alleges

CBS News reports: Six people allegedly conspired to bribe Amazon employees and contractors in order to gain a competitive advantage on the retailer's marketplace, federal prosecutors announced Friday. According to the U.S. Department of Justice, those charged posed as consultants and worked with third-party sellers whose products had previously been removed from Amazon Marketplace get the items back on the platform. The six then paid a total of more than $100,000 in bribes to least 10 Amazon e...
Tags: Amazon, Cbs News, Tech, Fbi, Cbs, Seattle, U S Department of Justice, Amazon Marketplace, Brian Moran, Amazon Employees Took Bribes

Six Charged In Bribery Scheme to Game Amazon’s Marketplace

When folks hear the words “Amazon” and “crimes” in the same sentence, it’s usually referencing the giant’s potentially criminal anticompetitive behavior or its shitty-enough-that-it-should-be-criminal warehouse working conditions, rather than Amazon sellers scamming their way onto the DOJ’s watch list. Read more...
Tags: Amazon, Science, Doj, Amazon Marketplace, Busted

Billingtons Sugar supply issue in UK? (2020)

Billingtons Sugar supply issue in UK? (2020) Submitted by DanielCoffey on June 15, 2020 - 10:04am. I was wondering why there appears to be a supply issue with Billingtons sugar in the UK at the moment? It seems to be across all varieties of their sugar. Out of stock at most of the supermarkets and grossly marked up on eBay and Amazon Marketplace.I know that businesses are having to reduce staff due to the Covid-19 problem but I can't find anything in the news about Billingtons havin...
Tags: UK, Baking, Jam, Amazon Marketplace, DanielCoffey, Billingtons Sugar, Billingtons

I Need Money Today! What to Do When You Need Money Fast

Only 29% of Americans have six months of expenses saved. Of that, only 18% have enough to cover five months of expenses. Meanwhile, 25% of the country has no emergency savings. At all. You never know when an emergency situation (like COVID-19) could put you out of a job or in need of quick cash. If you need money today, don’t panic. Instead, keep reading for eight tips that can help you get cash fast. With these tips, you can allocate the money you need and maybe even save a little for the futur...
Tags: Amazon, Personal Finance, Lyft, Craigslist, Ebay, Marketing, America, Don, Netflix Hulu, Amazon Marketplace, Airbnb Don

Leveraging Strategic Control For Growth

After a recent talk at the Yale CEO LATAM Forum in Miami, the CEO of one of the largest insurance companies in Latin America came up to me and said, “I hate Google.” I responded by saying “that sounds pretty harsh” and asked why he felt so strongly. His response was both simple and telling. He said that Google was “extorting much of my profits.” He said that, in his home country via our cell phones, Google now has the ability to show that Driver A has a heavy foot on the gas, Driver B doesn’t...
Tags: Google, Amazon, Spacex, Elon Musk, Strategy, Miami, Lockheed Martin, North America, Boeing, Latin America, Branding, Amazon Marketplace, Apple Pay Samsung, Blake Project, Mario Wagner, William Putsis

Coronavirus Exposes Additional Flaws in Amazon Marketplace

The coronavirus outbreak has created a run on certain supplies, and with demand comes opportunists. Over the weekend, The New York Times published an account of one Amazon seller's 18,000-bottle stockpile of hand sanitizer, which he was selling for as much as $70 apiece until the platform yanked his listings, the latest example of morally...
Tags: Amazon, Advertising, New York Times, Amazon Marketplace, Coronavirus

Amazon limiting shipments to certain types of products due to COVID-19 pandemic

Amazon’s ‘Fulfillment by Amazon’ (FBA) program, through which it provides warehousing and shipment services for products from third-party sellers, was well as its larger vendor shipment services, are being partially suspended through April 5 due to the global coronavirus outbreak. This suspension will allow Amazon to prioritize shipment of “household staples, medical supplies and other high-demand products” the company said in a support document on its website, and confirmed to TechCrunch in ...
Tags: Travel, Amazon, TC, Ecommerce, Publishing, European Union, Companies, Online Shopping, United States, FBA, Amazon FBA, Amazon Marketplace, Amazon Tax, Coronavirus, COVID-19

Top Story: What Your Small Business Can Learn from Apple

How does one of the largest and most recognized companies in the world (Apple) make its money? More importantly how has it stayed on top for all these years? In this week’s roundup, an infographic by SellYourMac goes beyond asking how Apple makes its money. It looks at how Steve Job created a culture of dominance. According to the infographic, it is by creating great designs, high quality products, exceptional marketing, bold leadership and innovation. These are all concepts any small business ...
Tags: Apple, Amazon, Japan, UK, Congress, Steve Jobs, US, Sales, Steve Job, United States, Tim Cook, Philadelphia, James Beard Foundation, Amazon Marketplace, DepositPhotos, Small Business News

February linkfest

This month’s book recommendation is Uncanny Valley: A Memoir, by Anna Wiener, who, as a twenty-something in 2012, left a low-paying publishing job in New York to work in the world of San Francisco tech startups. Until she moved across the country, she writes, it had never occurred to her “that I might someday become one of the people behind the internet, because I had never considered that there were people behind the internet at all.”She goes to work for company founders even younger than she ...
Tags: Amazon, Books, New York, Punctuation, Time, US, San Francisco, Military, New York Times, Linguistics, Retail, Silicon Valley, William Gibson, Las Vegas, Trademark, British Medical Journal

Amazon Seller Certifications Highlight Women and Veteran Owned Small Businesses

There are currently more than 8 million sellers on the Amazon Marketplace, with nearly 120,000 signing up just in the past year. This makes it one of the most popular spots for small business owners and side hustlers to make money online. But it also makes it one of the most difficult places to really stand out. However, there’s one  interesting feature from Amazon Business could help a diverse array of sellers increase their reach on the Marketplace platform. Seller Certifications allow those ...
Tags: Amazon, Office, Sales, SBA, Amazon Amazon, Amazon Marketplace, DepositPhotos, Small Business News, Amazon Business, Anne Rung Director Public Sector Amazon Business, Amazon First of all, Rita Bonarrigo, Tex Bonarrigo, Small Business Trends Amazon Business

A founding Amazon employee supports the idea of splitting Jeff Bezos' empire in two

One of Amazon's first employees is supporting calls to split the company in two.  Former programmer Paul Davis told Recode that it is "not good" for the company to operate as both a direct seller and a marketplace. "They have complete access to every single piece of data and can use that to shape their own retail marketplace," he said.  Amazon's role as both a direct seller and a platform for other merchants has come under intense scrutiny in recent months, prompting investigations from both ...
Tags: Amazon, US, Trends, Eu, Davis, Jeff Bezos, Margrethe Vestager, Paul Davis, Amazon Marketplace, Jason Del Rey Paul Davis

12 states aren't collecting online marketplace sales taxes this holiday shopping season

Photo by Elaine Smith via Flickr CC It's been more than a year since the Supreme Court said states could collect online sales taxes from retailers who don't have any physical presence, aka nexus, in their states. But the internet tax collection process is still evolving. Going from a system where nationwide online sellers rarely if ever collected sales taxes from their customers to one — or actually multiple given the various tax system of states — where these purchasing levies are collec...
Tags: Amazon, Taxes, Supreme Court, United States, Missouri, South Dakota, Alaska, Aol, Davis, Wisconsin, Seattle, North Carolina, Carl Davis, U S Commerce Department, Amazon Marketplace, Etsy eBay