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1. The US used goods retailer Savers plans to go public on the New York Stock Exchange
Savers is the largest chain of used merchandise retailers in the United States and Canada. It was founded in 1954. Its headquarters is located in Bellevue, Washington, USA. Currently, there are 306 stores under various brands, mainly selling low-priced second-hand clothing, household items, textiles, books, etc.
As of September 2021, the brand labels of Savers, Value Village, Village des Valeurs, and Thrift Proud have been viewed more than 75 million times on TikTok alone.
2. The US holiday online sales in 2021 increase by 61% compared to 2019
On December 27th, Mastercard's "spending pulse" market survey said that US holiday sales in 2021 increased by 8.5% compared to last year, becoming the largest annual increase in 17 years.
Holiday sales include all consumer spending from November 1st to December 24th. The report shows that clothing and jewelry sales increased the most in holiday sales in the United States in 2021. Compared with 2020, clothing sales during the 2021 holiday period increased by 47%, and jewelry sales increased by 32%. In addition, compared with 2019, online shopping sales during the 2021 holiday period in the United States have increased by 61%.
3. The ten most popular shopping websites in the world in 2021: Amazon ranks first
On December 27th, Cloudflare, a cloud infrastructure company that tracks Internet traffic, has counted the ten most popular online shopping websites in the world in 2021 based on website visits.
Data shows that Amazon is at the top of the list. It has become the preferred platform for online shopping in many countries, followed by Taobao, an online shopping platform under Alibaba Group.
As one of the early pioneers in the online shopping industry, eBay continues to receive popularity among online shoppers, ranked third.
Shopify, Best Buy, Target, Japan Rakuten, Home Depot (Home Depot) are on the top ten list.
4. Kopi Kenangan raised US$96 million in Series C financing
Kopi Kenangan has developed into a multi-brand catering group in the local Indonesian market. According to reports from the investment community, this round of financing was led by Tybourne Capital Management, followed by Falcon Edge Capital, and the old shareholders Kunlun Capital, Victoria Harbor Investment, and B Capital made additional investments.
After financing, the company was valued at more than US$1 billion. Its brands include offline coffee chain Kopi Kenangan, Cerita Roti, fried chicken brand Chigo, and soft cookie brand Kenangan Manis.
5. Indian e-commerce brand aggregation start-up Mensa Brands acquired High Star
According to Inc42, Mensa Brands acquired LilPicks, an Indian children's clothing brand, earlier this month. This acquisition is part of a series of brand acquisitions by Mensa Brands. Mensa Brands focuses on acquiring D2C brands and helping them expand in the Indian market and overseas.
Mensa Brands completed a US$135 million Series B financing in November this year, with a company valuation of more than US$1 billion.
6. Indian online maternal and child care brand Mamaearth acquired content platform Momspresso
It is one of the most valuable new era D2C brands in India. According to The Economics Times, Honasa Consumer, the parent company of Indian online maternal and child care brand Mamaearth, has acquired female content platform Momspresso and its online celebrity marketing platform Momspresso MyMoney.
The amount of the acquisition has not been disclosed. Momspresso will use the acquired funds to build teams, strengthen data capabilities, and technology investments to expand the scale and improve efficiency.
Founded in 2016, Mamaearth completed a US$50 million financing led by Sofina in July. After funding, it was valued at US$730 million.
