Led by ex-Amazonians, Acquco raises $160M to purchase and scale e-commerce services

by RJ Shara | May 11, 2021 | Fundings and Exit, Startups

There has actually been a flurry of financial investments in start-ups focused on obtaining third-party sellers on Amazon and helping them develop their companies. The most recent is Acquco, which aims to stand apart from the others because it was formed by a set of founders — — Raunak Nirmal and Wiley Zhang — — who actually worked at […] Acquco says it recognizes the finest businesses to obtain, and leverages what it describes as” versatile founder-friendly offer structures,”which basically provides sellers a method to make cash from the exit and then still get a cut of revenues down the line. — TechCrunch” src=” https://techcrunch.com/2021/03/22/where-is-the-e-commerce-app-ecosystem-headed-in-2021/embed/#?secret=Ec9I3UYGSU “data-secret=” Ec9I3UYGSU “width=”800” height =”450″frameborder= “0”marginwidth=”0″marginheight=”0″scrolling =”no”> A lot has altered since then, of course, as that section of the e-commerce giant’s company has actually grown dramatically. In current years, the majority of sales on Amazon have come through Amazon Market, where millions of outdoors sellers contend to find customers. The start-up has the enthusiastic goal of scaling its portfolio to over$500 million in profits by 2022. …