Paul, Weiss advised L Catterton Asia as the lead investor in a series B financing round of over $50 million in Nebula Brands, a leading Chinese Amazon vendors aggregator. Nebula Brands is a tech-driven company that acquires and grows Chinese third-party Amazon vendors.
China accounts for over one-third of the total Amazon market, with approximately 600,000 third-party vendors collectively generating transactions with a gross merchandise value of $135 billion. Chinese vendors’ share of the market is expected to rise further and account for 45% of third-party sales on Amazon in 2025. With a solid acquisition pipeline, Nebula will use the funding to capture this rapid growth.
The Paul, Weiss team included corporate partner Judie Ng Shortell.