To scale in the e-commerce space, utilizing available assets and services is the way to go. Brian Harwitt brings an emphasis on credit opportunities. Listen as he explains how it works and why it impacts the e-commerce realm in stabilizing the ecosystem.
New Vessel Raised a Seed Round to Acquire Korean and Japanese eCommerce Brands
The startup New Vessel announced today it has raised an undisclosed seed round co-led by South Korean internet giant Naver, CKD Venture Capital, and Wooshin Venture Investment, with participation from Lighthouse Combined Investment and S&C Networks to take the market in South Korea and Japan. The new funding will be used to acquire Korean and
60,000 Amazon Sellers Exceeded $1M in Sales
Sixty thousand sellers eclipsed $1 million in sales on the Amazon marketplace in 2021. The number has doubled over the past three years. According to Marketplace Pulse modeling of the seller distribution by sales volume and estimates of $390 billion in collective sales, approximately 350,000 sellers exceeded $100,000, 60,000 sellers sold over $1 million, and over
GlobalBees acquires fitness equipment and accessories brand Reach
Continuing its portfolio expansion, rollup eCommerce unicorn GlobalBees has acquired the fitness equipment and accessories brand, Reach Fitness. The company is GlobalBees’s second investment in the sports category.
According to an Expert Market Research report, the Indian sports and fitness goods market reached a valuation of $3.9 billion in 2020, and is expected to grow at a CAGR of 8.9 percent during 2022-2027.
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