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Amazon Aggregator Benitago, Which Raised $383 Million, Files for Bankruptcy

By
Theo Wayt
· · Source: The Information

Benitago, a New York-based startup that bought up brands that are popular on Amazon, filed for bankruptcy on Wednesday, according to a court filing. The bankruptcy is part of a broader shakeout in the world of so-called Amazon aggregators. Benitago was founded in 2016 and had raised $383 million from backers including CoVenture and HSBC U.K., according to data from PitchBook. It most...

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