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

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

Thrasio, Perch: Amazon aggregators aren’t doing so scorching

Offers, whether or not by way of funding rounds or acquisitions, say rather a lot concerning the state of a startup sector and what buyers are fascinated about it. Generally, although, an absence of offers tells us extra. Bloomberg reported that Victory Park Capital was trying, and struggling, to discover a purchaser for its stake … Read more