Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
Amazon still rules e-commerce, but the pandemic marks the beginning of a long-term change that could threaten its dominance of digital retail advertising.
Driving the trend will be small to mid-sized businesses like cell phone accessory maker BGZ Brands, which was able to quickly move ad dollars to Target and paid social when Amazon restricted the shipment of nonessential items early in the pandemic.
A possible sale is one of a few strategic options the company is reportedly considering, including raising more money, and going public through a merger with a special purpose acquisition company.
Since launching in April, the short-form mobile video app has struggled to attract subscribers.
Marketers use Suzy to conduct market research in real-time to help with things like product development and ad testing. The new round of funding will go towards building products, hiring more people, and boosting sales and marketing.
Suzy has reached an annual revenue run rate of $20 million, according to Britton.
