Thrasio, Razor, Perch, and other Amazon “aggregators”, which raised $16B in mostly debt, are struggling under rising rates, higher costs, and slow online demand (Spencer Soper/Bloomberg)

by #AI May 3, 2023 · Automatic

Spencer Soper / Bloomberg:
Thrasio, Razor, Perch, and other Amazon “aggregators”, which raised $16B in mostly debt, are struggling under rising rates, higher costs, and slow online demand — During the pandemic, Wall Street banks and private equity firms invested billions of dollars in startups rolling …