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Hello and welcome to Daily Crunch for December 9, 2021! Yes, we’re one day closer to the Christmas holiday for all those who celebrate, so we published part two of our 2021 venture capital book recommendation guide today. Part one is here. There’s a lot of books in there, so make sure to curl up before year’s end and recharge with some reading! —Alex
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Italy fines Amazon $1.3B: The fine is due to the U.S. e-commerce giant having “abused its dominant market position and pushed third-party sellers to use the company’s logistics service Fulfillment by Amazon,” TechCrunch reports, citing the Italian Autorità Garante della Concorrenza e del Mercato. Most tech fines are too small to even note. This one will sting.
Build a unicorn with this one weird trick: All you have to do, it appears, is tell investors that you are raising capital to launch or aggregate e-commerce brands in a particular market, and, viola, unicorn status. That’s our takeaway from not only covering dozens of rounds in the e-commerce rollup market lately and …
