British Startup Raises $165 Million to buy and build Amazon businesses

London-based startup Olsam has raised $165 million in a Series A round to buy and build Amazon businesses. The deal comes amid a rush from investors to bankroll startups that aim to roll up the tens of thousands of small brands that account for 56% of sales from Amazon’s Marketplace. American startups like Thrasio, Perch

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Over 5m people in UK had packages lost or stolen last year, says Citizens Advice

More than 5 million individuals had packages lost or stolen last year in the UK according to Citizebs Advice, which has called on the government to begin fining corporations that keep losing deliveries as part of a comprehensive overhaul of the sector. Currently, Royal Mail faces fines for poor service.The charity claimed that the same

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