Amazon Aggregator Thrasio Explores Restructuring Amid Post-Pandemic Online Slump
Portfolio Pulse from Vandana Singh
Amazon aggregator Thrasio is exploring restructuring options due to a decline in online consumer spending post-pandemic. The company, which raised $3.4 billion to acquire Amazon-based consumer brands, is considering raising fresh capital or potentially filing for bankruptcy. Thrasio's business model has suffered as online shopping habits have shifted following the peak of the COVID-19 pandemic.
September 28, 2023 | 2:03 pm
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NEGATIVE IMPACT
Amazon could potentially see a minor impact due to Thrasio's financial struggles, as Thrasio is a major buyer of Amazon-based consumer brands.
Thrasio's financial struggles could potentially impact Amazon as Thrasio is a major buyer of Amazon-based consumer brands. However, given Amazon's size and diverse business operations, the impact is likely to be minor.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 50