amazon private labels

 

It’s Friday morning, and we have today’s key headlines that you should know.

1. Amazon’s private label brands are taking over market share

The retailer now competes with vendors via its own products in over a dozen categories, including computer accessories, home goods, pet supplies, grocery items, and more.
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2. StyleTribute raised $1.1 million in a series A round

StyleTribute specializes in luxury clothing and accessories.

The startup will use the funding for a marketing push to grow its market in Singapore and Malaysia. It will also look to expand to a third country. On the product side, the company wants to improve its seller app and also add an interface for buyers. The funding came from a private family office in Europe.

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3. Lalamove expands to The Philippines

The move comes as Manila, despite its commuting and mobility woes, becomes a new battleground for app-based delivery companies. Despite the jams, Lalamove are promising same-day deliveries for their service, which launches this week within manic Manila. As well as vans, it’s also using motorbike couriers for a local speed boost.

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