Thrasio is reportedly exploring various restructuring options as it grapples with the aftermath of the pandemic-induced decline in online consumer spending.
The e-commerce startup, which garnered an impressive $3.4 billion in funding from Advent International and Silver Lake to acquire Amazon.com (NASDAQ: AMZN)-based consumer brands, is now collaborating with consultants from AlixPartners and lawyers from Kirkland & Ellis to address its financial challenges.
These challenges have prompted Thrasio to consider raising fresh capital and even contemplate the ...