R

rithum

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Company Research Report: Rithum



Company Overview



Name, Mission, and Vision


  • Name: Rithum

  • Mission: Build profitable and lasting commerce businesses for the world’s greatest brands, retailers, and suppliers.

  • Vision: Create a better, more sustainable world where brands, suppliers, and retailers enrich people’s lives through connected commerce.


Founding and Key Milestones


  • Founded: 1997 as CommerceHub

  • Significant Events:

  • 1998: CommerceHub signs QVC as the first customer

  • 2001: ChannelAdvisor is founded

  • 2006: Comcast/QVC invests significantly in CommerceHub

  • 2013: ChannelAdvisor goes public on NYSE

  • 2015: CommerceHub acquires Mercent

  • 2016: CommerceHub goes public on NASDAQ

  • 2017: ChannelAdvisor acquires HubLogix

  • 2018: CommerceHub is acquired by GTCR and Sycamore Partners

  • 2020: CommerceHub acquires Dsco

  • 2020: ChannelAdvisor acquires BlueBoard

  • 2020: Insight Partners makes a strategic investment in CommerceHub

  • 2022: CommerceHub acquires ChannelAdvisor

  • 2023: CommerceHub and ChannelAdvisor rebrand as Rithum


Key People


  • Aarthi Ramamurthy: Chief Technology and Product Officer

  • Lou Keyes: Chief Revenue Officer

  • Doug Wolfson: General Counsel and Secretary

  • Erik Morton: SVP of Strategy

  • Janay Jespersen: SVP of People Strategy


Headquarters


  • Global Headquarters: 1201 Peachtree St NE, Suite 600, Atlanta, GA 30361-3510, USA

  • EMEA Headquarters: 33 Kingsway, London WC2B 6UF, UK

  • Asia-Pacific Headquarters: Suite 247, Level 2, Two Melbourne Quarter, 697 Collins Street, Docklands 3008, Australia


Number of Employees


  • Employees: 1,000+ worldwide


Revenue


  • Annual GMV: $50B+


Company Highlights


  • Known For: Rithum is known for being the world's leading connected commerce network that connects over 40,000 brands, suppliers, and retailers across 420+ marketplaces and retail sites, processing over 400 million orders annually.


Products



Overview


Rithum offers end-to-end commerce solutions tailored for both retailers and brands:

  • Commerce Solutions

  • Multichannel reach expansion across the largest e-commerce network

  • Marketing Solutions

  • Retail media and performance marketing services

  • Delivery Solutions

  • Fulfillment, logistics, and delivery capabilities

  • Supplier Discovery Solutions

  • Supplier onboarding and performance reporting


Key Product Features


  • Connect: Sell products through trusted e-commerce network

  • Market: Market through optimal channels at the right time

  • Sell: Convert more consumers into loyal shoppers

  • Fulfill: Integrate fulfillment and logistics for smarter delivery

  • Optimize: Create amazing shopping experiences


Recent Developments



New Products and Features


  • Marketplace and Advertising Channel Expansion:

  • Supports over 360 marketplaces and retail sites globally

  • Added 20 new marketplaces ranging from arts & crafts to automotive, consumer electronics, and home goods


Partnerships


  • Notable Partnerships:

  • Marks & Spencer expanded product selection through Rithum's unified marketplace

  • Superdry increased marketplace sales by 67% through Rithum’s expertise and guidance

  • Belk experienced a 36% YoY GMV growth with updated supplier onboarding processes


Technological Enhancements


  • AI and ML Integration:

  • Advanced automation for campaign creation, management, and automated bidding for digital advertising

  • User Experience:

  • Shoppable Media solutions like Buy Now Interstitials to shorten the path to purchase


Industry Recognition


  • Digital Commerce 360:

  • Named #1 Channel Management Vendor since 2013

  • Amazon Ads Advanced Partner:

  • Top 5% of partners for 2023

  • Google Premier Partner:

  • Top 3% of partners for 2023

  • eBay Gold Partner and Walmart Connect Partner for API integrations and advertising


Contact Information



  • Phone: 866-264-8594

  • Email: customersupport@rithum.com


This report compiles available data on Rithum to provide a comprehensive overview. For further details and inquiries, visit [Rithum's website](https://www.rithum.com).
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