In marketplace news: 

🪙 How should gig-worker marketplaces adjust fares? Couriers are reporting increasingly tougher conditions as companies such as Uber and Deliveroo fight to win the food delivery "war" and inflation hits Europe. - BBC

⬆️ Shares of Alibaba, JD.com, Pinduoduo and others take off. As signs of China easing its clamp down on internet sector and a wave of optimism surround the market, Chinese giants see 5%+ rises in its stocks. - Yahoo! Finance

🪓 Amazon to axe 18,000 jobs as it cuts costs. Most of the job losses will come from its consumer retail business and its human resources division. Boss Andy Jassy cited the "uncertain economy" for the cuts, saying it had "hired rapidly over several years." - BBC

🇸🇦 Manafa Capital, a Saudi Arabian crowdfunding platform, has raised a $28M Series A to double the number of investors on its platform within the country.  

🇦🇪 Bayzat, a Dubai-based HR platform focused on payroll, employee and insurance benefits, has raised a $25M Series C. The platform grew 100% annually for the last 3 years and currently counts on over 1,500 companies and 127,000 corresponding employees. 

🇺🇸 Nectar is a health tech marketplace which focuses on treating allergies with a vertical approach, covering from test kits to pharmacy and doctor appointments. The startup raised a $16.5M Series A to scale its virtual care platform nationally and open its first physical location.

Other promising marketplace deals:

🇺🇸 Gold Kidney, a US-based special needs insurance platform, has raised $60M to expand its plan offerings.

Read up on all the latest Marketplace deals on Dealroom.co

Tip of the week

😰 Dealroom Briefings: Is D2C Doomed?

Direct-to-consumer (D2C) ecommerce was one of the hottest trends of 2020 and 2021, but since 2021 the combined enterprise value for public D2C startups has taken a steep 66% decline.

Read more about the current state of D2C startups below. 👇

Job opportunities

🇳🇱 At Dealroom.co we are hiring a Graphic Design Intern and 5 other roles.

Discover 45k+ jobs openings at marketplace startups. (login for full results)

Dive in

📦 B2B Marketplaces VC Funding 2022

👀 Top 100 Marketplaces to Watch

👩🏼‍🎤 Event Tech marketplaces

🏆 Commodity Marketplaces Striking Gold

Christopher V. Dobereiner

Innovation Analyst
Dealroom

Not a subscriber yet? 

This is Dealroom's weekly marketplaces newsletter.  Get more industry-specific intelligence on the evolving world of online marketplaces, emerging trends, and game-changing startups. Delivered on Wednesdays.