Financial News

Amazon Boasts 44% Sales Growth in Q1 2021, Announces Prime Day’s Return to Q2

Amazon topped both its own and experts’ Q1 2021 expectations, with 44% year-over-year sales growth and $108.5 billion in total sales. The…

Apple Store Creator’s ‘Commerce-at-Home’ Startup Enjoy to Go Public via SPAC

Retail pioneer Ron Johnson — the man responsible for the Apple Store and Target’s first designer collaboration — is taking his new…

Luxury Subscription Service Vivrelle Bags $26M in Series A Funding

Membership club Vivrelle, which provides access to a shared closet of designer handbags, jewelry and diamonds, has secured $26 million in Series…

Amazon Rollup Elevate Brands Raises $12.5M, Acquires 20th Brand

FBA (Fulfillment by Amazon) aggregator Elevate Brands, which acquires and operates Amazon third-party businesses, has raised an additional $12.5 million in bridge…

Inventory Optimization Solution Provider Trax Secures $640M in Fresh Funding

Trax, a cloud-based solution that helps CPG brands and retailers optimize their inventory strategies through data and analytics, has secured $640 million…

Thrasio Completes $100 Million Funding Round, Hires JCPenney Exec as CFO

Leading Amazon rollup firm Thrasio has completed a $100 million Series C funding round, bringing the total raised since December 2020 to…

Forbes: Harry’s Raises $155 Million, Plans to Invest in New Products and Acquisitions

Harry’s has raised $155 million in a Series E funding round led by Bain Capital and Macquarie Capital, valuing the company at…

Fanatics Now Valued at $12.8 Billion After Latest Round of Funding

Licensed sports merchandise retailer Fanatics has raised $320 million in new capital, bringing its valuation to $12.8 billion, according to Reuters, which…

Pickup Secures $15M in Funding to Expand ‘Buy Anywhere, Deliver Anywhere’ Service

Last-mile delivery solution provider Pickup has closed a $15 million Series B funding round. The new capital will be used for “aggressive…

goPuff Raises $1.15 Billion in New Funding

Fulfillment provider goPuff has secured $1.15 billion in new funding, more than doubling its valuation to $8.9 billion in five months. Investors…

Destination XL Taps $17.5 Million Loan to Fuel Liquidity After Difficult Fiscal 2020

Destination XL has received a $17.5 million first-in, last-out (FILO) term loan facility to refinance certain indebtedness and provide additional liquidity for…

Stripe Secures $600M in New Funding, Boosts Value to $95B

Online payment processing company Stripe has raised $600 million in Series H funding, nearly tripling its valuation in under a year to…

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Financial News

Amazon Boasts 44% Sales Growth in Q1 2021, Announces Prime Day’s Return to Q2

Apple Store Creator’s ‘Commerce-at-Home’ Startup Enjoy to Go Public via SPAC

Luxury Subscription Service Vivrelle Bags $26M in Series A Funding

Amazon Rollup Elevate Brands Raises $12.5M, Acquires 20th Brand

Inventory Optimization Solution Provider Trax Secures $640M in Fresh Funding

Thrasio Completes $100 Million Funding Round, Hires JCPenney Exec as CFO

Forbes: Harry’s Raises $155 Million, Plans to Invest in New Products and Acquisitions

Fanatics Now Valued at $12.8 Billion After Latest Round of Funding

Pickup Secures $15M in Funding to Expand ‘Buy Anywhere, Deliver Anywhere’ Service

goPuff Raises $1.15 Billion in New Funding

Destination XL Taps $17.5 Million Loan to Fuel Liquidity After Difficult Fiscal 2020

Stripe Secures $600M in New Funding, Boosts Value to $95B

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