E-commerce Reseller Pattern Backers Seeks $321.4M in IPO

eCommerce
Written By Rick Watson

Pattern Group Inc. is a global e-commerce accelerator that helps brands grow their sales on online marketplaces using technology and AI.

Amazon brand accelerator, also known as a reseller Pattern, priced its shares at $13 to $15 each, valuing the company at $2.64 billion. The company plans to raise approximately $321.4 million in funding, of which half will be given to investors.

Bloomberg: E-Commerce Reseller Pattern, Backers Seek $321.4 Million in IPO

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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