mrktplcs 05 Oct 2020

Cazoo, the UK used car #marketplace app has raised £240m investment and the company is now valued at over £2 billion (or over $2.5 billion), double its previous valuation. (TechCrunch)

Inspiring #ecommerce case study: “In its fifth month since launch, carmats.co.uk achieved 3,157 orders, at an average order value of £36.64, meaning £115,667 in sales, and has been profitable since month 2.” (EcommerceGuide)

Turkish marketplace company #trendyol (Trendyol Group) has plans to expand in Europe, including the #UK, #Italy, and #Spain. (Ecommerce News)

Retailers are taking on #amazonprimeday with their own sales in Oct. https://www.digitalcommerce360.com/2020/10/05/retailers-counter-prime-day-with-their-own-sales/ (Digital Ecommerce 360)

#Amazon merchants might want to check out learning event Amafest this Thurs. (Amafest)

#marketplaces