Amazon Aggregator News: Thrasio Rasies $750-million MORE in Funding

https://techcrunch.com/2021/02/10/thrasio-raises-750m-more-in-equity-for-its-amazon-roll-up-play/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACrD7seZrBZeSNTFjm-DC5b8zOEo1qNBdP-G9Z75OnSNDfB8SSWLJPD58M-ynhctQr0G3TeDe9DGt_rId99D2_Aosu8PpUV_maqWQ5tuCpWlGFXXSEj3D0z6Picw-_tUm77c9jX2CpQ2trExZ_VExpAw8zLsFD4rN7v0n4OwYIcy

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 could be between $3 billion and $4 billion, or higher: a spokesperson would only say it was “less than $10 billion.”

The funding is being led by existing backers Oaktree and Advent, and it includes participation from previous unnamed investors. (That list of equity backers has included Peak6, Western Technology Investment, and Jason Finger, the co-founder of one of the early players in food delivery startups, Seamless.)

Thrasio said it will be using the money to continue its rapid pace of buying up more third-party sellers in the “Amazon FBA ecosystem”, a reference to smaller merchants that sell and distribute their products using the “Fulfilment By Amazon” service from the e-commerce giant.


✅Get 50% off 2 months with Helium 10
https://crushtrk.com/?a=427&c=350&p=r&s1=
Or Promo Code MyAmazonGuy50

✅Save $123 per month on AMZ Scout https://amzscout.idevaffiliate.com/idevaffiliate.php?id=1030&url=1555

✅Save 30% off Jungle Scout https://junglescout.grsm.io/myamazonguy

✅Get Amazon Consulting at https://myamazonguy.com/

#amazonselling #amazonseller #amazonfba