SellerX, Europe’s leading aggregator of e-commerce businesses, announced today it has raised an additional approximately $500 million in debt and equity financing led by Sofina, funds and accounts managed by BlackRock, and Victory Park Capital, with participation from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and existing investors.
London-based Olsam Group has purchased competitor Flywheel Commerce in a move that may signal the beginning of a trend toward consolidation in the Amazon aggregator market.
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