Amazon aggregators Branded and Heyday plan to merge as once-booming industry continues to shrink

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Amazon aggregator space, which faltered after venture capital money dried up and consumers returned to stores, continues to consolidate.

Amazon aggregators Branded and Heyday are expected to merge as soon as this week, CNBC confirmed.The Amazon aggregator space has faltered since venture capital money dried up and companies struggled to profitably operate the brands they acquired.aggregators Branded and Heyday plan to merge, CNBC has learned, as a segment of the e-commerce industry that boomed during the Covid era continues to consolidate.

Apollo Global Management and BlackRock are in talks to provide new debt financing to help the combined entity make further acquisitions, according to

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 270. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines