Page 2 - Boosted Commerce News Today

Gwyneth Paltrow fired up her Insta Stories this Wednesday evening to plug a metabolism-boosting superpower from her brand Goop - after her former right-hand woman slammed the brand.

Elise Loehnen, 42, served as Goops chief content officer up until October 2020 when she sensationally quit her job after six years at the company.

With an initial investment of $500 million in the domestic market, Thrasio is backing its first company in India by acquiring a majority stake in Lifelong Online, the first digital consumer brand it operates. India is making itself attractive to aggregators by being one of the fastest-growing regions for Amazon's third-party marketplace.

Thrasio, Perch, and other firms had a big year of snatching up Amazon brands, getting billions in funding, and building name recognition.

Insider asked top VCs to name the rising stars in their industry. These are the up-and-comers in 2021, and the ones to watch in 2022.

By Charlie Chanaratsopon As internet resources make becoming our own boss easier, society is witnessing an incredible shift: ...

Retail industry news, voices and jobs. Optimized for your mobile phone.

Goop has reportedly lost about 140 employees since September 2019 - and while some were due to pandemic-related layoffs, many were not. Ex-employees describe a toxic workplace.

Dive Brief: Heyday, a platform that supports digital-native, marketplace brands, raised $70 million in Series B equity financing, the company announced in an emailed press release on Thursday. The round comes less than six months after the startup raised $175 million in Series A funding. The company said it has surpassed $100 million in revenue, employs a team of over 100 employees and expanded to more than a dozen markets worldwide.  General Catalyst, Khosla Ventures and Arbor Ventures partic...

Because of their success, many Amazon sellers are being bought by larger, heavily-funded companies. Major brand buyers include GOJA, Perch, Thrasio, and Boosted Commerce. Theyre "trying to create the 21st century version of Procter & Gamble," one attorney explained. According to Amazon growth agency Jungle Scout, more than 54% of the $386 billion in net sales that the retail platform generated in 2020 came from third-party Amazon sellers.  Between 2019 and 2020, Amazon invested $30 billion in...