aggregation

Thrasio, once king of e-commerce aggregation, files for Ch.11

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Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation — buying up and restructuring dozens of smaller brands and third parties selling on marketplaces like Amazon in a bid for better economies of scale — has commenced a restructuring of its own. The company has filed for Chapter … Read more

Instagram co-founders’ news aggregation startup Artifact to shut down

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Artifact, the news aggregator-turned social network from Instagram’s founders, is shutting down. On Friday, the startup announced via a blog post it had made the decision to “wind down operations” of the app launched over a year ago, saying that the market opportunity wasn’t big enough to warrant continued investment. The team had rapidly iterated … Read more