News > What is The Thrasio-style startup?
What is The Thrasio-style startup?
Newsroom Odisha | 18/01/2022 10:32 PM | Click to read full article
The Thrasio-style startup is a new breed of startups that specialises in acquiring fast-growing digital-first brands and scaling their products. First started by three-year-old US startup Thrasio, which acquires successful third-party Amazon sellers and gives their founders a lucrative exit.
Founded in 2018, Thrasio made an incredible $100-million profit in 2020 on revenue of $500 million.