Investors are spending big to buy China’s hottest Amazon sellers
In just the first half of 2021, almost $6 billion has been raised by aggregator businesses, observed Juozas Kaziukėnas, the founder of ecommerce research firm Marketplace Pulse. Flush with cash, these acquirers are increasingly on the hunt in China. "At a certain size of an aggregator ... it started to make sense to expand your view into looking at sellers globally. Because for an aggregator, the most important thing is where they are selling, not where they are based," Kaziukėnas told Protocol.