News Snapshot:
E-commerce aggregator Rainforest achieves US$30 Million revenue in first year of operations – Retail in Asia Rainforest, one of Asia’s e-commerce brand aggregator focusing on brands and products for the modern mum, announced that it has achieved US$30 million annualised revenue after its first full year of operations. SEE ALSO: L’Occitane International announces financial results The announcement coincides with the completion of the aggregator’s latest round of acquisitions, bringing its total portfolio size to 12 brands, selling products across the maternity, baby care, kids & home categories. After acquiring a brand, Rainforest drives growth through marketing, pricing, supply chain, sourcing,...
