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Amazon Aggregator Thrasio Prepares for Bankruptcy

amazon-aggregator-thrasio-will-invest-half-a-billion-dollars-in-buying-indian-brands
  • November 19, 2023
  • E-commerce, Insights

Thrasio Holdings, the startup e-commerce aggregator that raised billions of dollars to acquire consumer brands sold on Amazon, is rumored to be in preparations to file for bankruptcy due to a decline in online spending post-pandemic. The company had raised $1 billion in a 2021 round led by Silver Lake, which brought its total funding to $3.4 billion. Though the company has not officially commented on the reports, Thrasio is working with consulting firm AlixPartners and law firm Kirkland & Ellis to navigate restructuring options.

Amazon Aggregator Thrasio Prepares for Bankruptcy

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