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Tracxn – Analyst Notes # 1309 – Online Retail

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Soonicorn Club

  • Minicorn

    Interior Define (2012, Chicago, $26.2M) – Internet-first brand of custom made furniture
    Market: Online Retail > Home Decor & Furniture > Furniture > Private Label > Custom Made

Analyst Picks

  • Super Heroic (2016, Palo Alto, $7M) – Internet first brand of footwear for children
    Market: Online Retail > Baby & Kids > Footwear > Private Label
  • Oars + Alps (2016, Chicago, $1.3M) – Internet first brand of men’s grooming products
    Market: Online Retail > Beauty & Personal Care > Skin Care > Private Label
  • Turmswear (2016, Bangalore) – Online private label brand of hydrophobic performance clothing
    Market: Online Retail > Fashion > Apparel > Private Label > Performance Fabrics
  • Greyy (2016, Mumbai) – Internet-first brand of anti-odour performance apparel
    Market: Online Retail > Fashion > Apparel > Private Label > Performance Fabrics
  • Tushy (2015, New York City, $500K) – Internet first brand of bidet attachment for toilets
    Market: Online Retail > Home Decor & Furniture > Hardware > Bathroom Fittings & Accessories > Private Label

Funding Rounds

PE, $445M
Paytm Mall (2017, Delhi, $645M) – Online horizontal e-commerce marketplace

Investors: Alibaba Group, SoftBank Group

Series E, $75M
Warby Parker (2010, New York City, $300M) – Internet-first brand of eyewear

Investors: T. Rowe Price

Series C, $55.8M
MADE.COM (2010, London, $136M) – Internet-first brand of multi-category home improvement products

Investors: Partech Ventures, Level Equity, Eight Roads Ventures

Series C, $50M
Goop (2008, New York City, $82M) – Weekly lifestyle publication and e-commerce shop

Investors: Lightspeed Venture Partners, Felix Capital, New Enterprise Associates

Series F, $38.5M
Pepperfry (2011, Mumbai, $199M) – Online managed marketplace for home improvement products

Investors: State Street Global Advisors

Series C, $34M
Outdoor Voices (2013, Austin, $65.5M) – Internet-first brand of activewear

Investors: GV, Millard Drexler, General Catalyst Partners, Forerunner Ventures

Series B, $15M
Interior Define (2012, Chicago, $26.2M) – Internet-first brand of custom made furniture

Investors: Pritzker Group, Fifth Wall Ventures, Peterson Partners, Listen, Breakout Capital

Series B, $14.1M
True Botanicals (2016, Mill Valley, $17.1M) – Internet first luxury skincare brand

Series A, $14M
Burrow (2016, New York City, $18.4M) – Direct-to-consumer customizable couch brand

Investors: New Enterprise Associates, Correlation Ventures, Red & Blue Ventures, Y Combinator, Winklevoss Capital, Social Starts

Series B, $14M
Eight (2014, San Francisco, $46.5M) – Internet-first brand of mattress and smart mattress covers

Investors: Khosla Ventures, Y Combinator, Yunqi Partners, Azure Capital, StartX

Series A, $11.4M
11 Honore (2017, West Hollywood, $14.9M) – Online retailer of fashion products

Investors: Redpoint Ventures, Forerunner Ventures, Upfront Ventures, Greycroft Partners, Canvas Ventures

Series A, $6.9M
CurrentBody (2009, Cheadle Hulme, $6.9M) – Online retailer of electronic appliances for beauty care

Investors: NVM Private Equity

Series D, $5.9M
BlueStone (2011, Bangalore, $60.1M) – Online private label jewellery shopping store

Investors: Kalaari Capital, rbinvestments.lv, Accel Partners

Series A, $5M
Artemest (2015, Milan, $6.2M) – Online platform offering handmade decor products through curated content

Investors: nuocapital.com, Italian Angels for Growth

Series A, $5M
TAFT (2014, Provo, $5M) – Internet-first brand of fashion accessories

M&A

  • Amazon Has Considered Acquiring Some Toys ‘R’ Us Stores – Bloomberg Reuters
  • Amazon confirms that it has acquired GameSparks TechCrunch
  • Italian regulator approves Richemont bid on YNAP financetime.org
  • Tarad looks to TCC for survival Bangkok Post
  • Alibaba is in Early Negotiations to Acquire Daraz.pk ProPakistani
  • PriceSmart Announces Acquisition of Aeropost, Inc. PR Newswire
  • Shutterfly Inc. Closes Transformational Acquisition of Lifetouch Business Wire
  • Ardian looks to cap strong three-year growth for DIY private sales website Bricoprivé.com with sale to Florac AltAssets
  • Bustle Digital Group Acquires ‘The Zoe Report,’ Plans Future Expansion MediaPost
  • Fragrance buys Jervois block for S$46.3m; Eu Realty sells two shophouses The Business Times

IPO

  • Fragrance Shop mulls £200m IPO Fashion Network
  • Jd.com Takes Cornerstone Stake In Ipo Of First China Outlet Mall Reit Mingtiandi
  • Inside Xiaomi: The perks and perils of startups that join its ecosystem Tech in Asia

New Fund Launch

  • Chunghwa Telecom and PChome Form Strategic Partnership to Establish “CHT-PCH NO.1” VC Platform ACN Newswire

Funds Raising Funds

  • JD.com’s finance arm is fundraising at a $20 billion valuation CNBC
  • Vipshop Investing in a Private Equity Fund PR Newswire
  • Warby Parker co-founder raises $250M for second Boston-based VC fund The Business Journals

Regulatory Change

New Product Announcement

  • Get ready for another Redmi Phone launching on 14th March Gogi Tech
  • Xiaomi Redmi 5 full-screen budget smartphone to launch in India soon Retail News
  • Xiaomi rolls out stable MIUI 9 ROM for all compatible devices TechRadar
  • Amazon GameOn Brings Cross-Platform Competitions to Developers and Players with New Cloud-Based Service Business Wire
  • Xiaomi Unveils Mi MIX 2S, an Elegant Work of Art with a Dual Camera Business Wire
  • Amazon introduces the lightest reading app in India, the Kindle Lite TechGenYZ
  • Xiaomi Mi TV 4S 55-inch Model With PatchWall UI Launched Stock News Press
  • Pivot3 launches Pivot3 Cloud Edition extends Policy-Based Management and Automation to the Cloud Technology-Signals

New Market Entry

  • The World’s 5th Largest Smartphone Maker Enters Gaming Notebook Market Forbes
  • Amazon Fashion Launches Online Baby Clothing Store; To Have 30K Styles For Babies Younger Than Two Inc42
  • Flipkart To Enter Travel Vertical, To Compete With MakeMyTrip, Yatra OfficeChai
  • Hopes are high for Amazon’s entry into health care—as long as they don’t ‘pull a Facebook’ CNBC
  • Amazon ‘likely’ to succeed at healthcare—and have disruptive impact Chain Store Age
  • Amazon’s entry into health care may have just narrowed with the Cigna-Express Scripts deal OrbitingSphere
  • Google, Amazon & Apple’s moves into healthcare could create opportunities Reinsurance News

New Geo Entry

  • Walmart opens first small high-tech supermarket in China Reuters
  • Jack Wills makes Asian online debut via Zalora InsideRetail
  • US based e-commerce company DesiClik set to enter India Indiatimes
  • Xiaomi opens first store in Poland ecns.cn

Business Partnership

  • Casino Group: Amazon and Monoprix join forces to innovate on behalf of Prime Now customers GlobeNewswire
  • Microsoft, Apollo partner to improve cardio care Indiatimes
  • Farfetch signs partnership with Harvey Nichols as £4bn IPO plans move forward City A.M

Company Announcement

  • FedEx to roll out 500 more stores inside Walmart Reuters
  • Amazon’s Alexa goes quiet on Echo devices amid AWS disturbances AppleInsider
  • Microsoft announces its first cloud regions in the Middle East Tech Empire

Commentary on Company

  • Amazon mulling checking-account like product with big banks: WSJ Reuters
  • Amazon to bring Whole Foods delivery to San Francisco Fast Company

Key People Movement

Award

 


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