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Apollo and Amazon Exclusive: The Aggregators Struggle

Apollo Global Management Inc. is facing a challenging situation with its investment in Amazon.com Inc. aggregators. These companies, which acquired popular online brands during the pandemic sales boom, are now struggling. To mitigate potential losses, Apollo pledged up to $500 million in debt to Victory Park Capital, a major investor in several aggregators.

Marc Rowan of Apollo Global Management faces challenges as struggling Amazon aggregators seek solutions amid debt and loss. Photo: Apollo Media

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