It will use this money to acquire e-commerce businesses in Germany and further expand its growth across Europe
Acquirer of Amazon businesses grew European commitment to $500M. Source: pexels.com
Thrasio, a company that acquires Amazon FBA brands and then scales them, will expand its recent €200 million commitment to €500 million, according to Ecommerce News.
One of its latest acquisitions is that of Bonstato, a private label brand incubator from Germany that sells on the marketplaces of Amazon in Europe. About 96% of Bonstato’s revenue comes from this popular e-commerce platform.
By acquiring Amazon FBA brands and then scaling them, Thrasio thinks it can create an ‘everybody wins’ situation.
We’ve reported that Zalando expands its pre-owned online shop to Scandinavia.
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