Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”
Annie Palmer / CNBC : X: @rogoswami and @levynews X: Rohan Goswami / @rogoswami : Holy cow... what's going on in the aggregator world? @annierpalmer keeping the scoop streak going https://www.cnbc.co...
Thrasio, which buys and consolidates third-party Amazon sellers, names former Amazon exec Greg Greeley as CEO; sources: Thrasio is planning layoffs this week
TechCrunch :
India-based GlobalBees, which acquires small e-commerce brands and scales them, raises $150M Series A led by FirstCry, including $75M in equity and $75M in debt
The universe of Indian firms attempting to replicate Thrasio's success in the world's second largest internet market just got bigger.
Seven startups, including Thrasio and Heyday, hoping to become conglomerates like P&G have raised a combined $950M to acquire small Amazon Marketplace sellers
Start-ups including Thrasio, SellerX and Heroes are rolling up small brands, hoping to become the new P&G or Unilever Tweets: @fercany , @macrotactical , @tim , and @colarusso42 Tweets: Fercan Yalinki...