Markai Raises 4M to Buy E-Commerce Brands from China

Another e-commerce roll-up has joined China's enormous e-commerce market. Markai, a Stanford business school graduate-led firm, has entered the competition to acquire Chinese companies seeking foreign consumers. In recent years, so-called brand roll-ups, or e-commerce aggregators, have emerged in Europe and the United States. They are generally venture-backed and acquire little e-commerce sellers in order to scale them with a wider pool of money, supply chain expertise, and operational know-how. China is not only home to a long tradition of export manufacturing; it is also the headquarters for most Amazon vendors. Naturally, Markai and its ilk consider it the greatest…