3 in Finance

11/21: Zepto (India), developer of a quick-commerce marketplace, raised $350M of equity, marking its third financing round within six months. Led by Motilal Oswal, this latest investment positions the company at a pre-money valuation of $4.7B. (Link)

11/21: Olive & June (Los Angeles, CA), a leading omnichannel brand at the forefront of the DIY nail revolution, reached an agreement to be acquired by Helen of Troy (NAS: HELE) for $240M. (Link)

11/8: Vuori (Carlsbad, CA), a performance lifestyle brand, raised $825M of equity in a deal led by General Atlantic and Stripes, placing the company’s pre-money valuation at $4.7B. (Link)

3 for Fun

Amazon debuts discount store to take on Shein and Temu. (Link)

Alibaba combining domestic and international e-commerce platforms in order to combat competition. (Link)

Black Friday breaks records with $10.8B in online sales. (Link)

Big movers — month over month stock performance:

The RealReal gains 97%; Hims & Hers Health gains 58%; Shopify gains 46%

Vivid Seats falls 13%; Alibaba falls 10%; Mercado Libre falls 3%