{"id":3796,"date":"2024-02-28T15:01:21","date_gmt":"2024-02-28T20:01:21","guid":{"rendered":"https:\/\/www.profitless.com\/?p=3796"},"modified":"2024-02-28T15:01:22","modified_gmt":"2024-02-28T20:01:22","slug":"e-commerce-company-thrasio-gets-throttledio","status":"publish","type":"post","link":"https:\/\/www.profitless.com\/?p=3796","title":{"rendered":"E-commerce company Thrasio gets throttledio"},"content":{"rendered":"\n<p>The headline: <em>Thrasio Takes Steps to Strengthen Financial Position<\/em><\/p>\n\n\n\n<p>The sub-headline: <em>Initiates Pre-Arranged Chapter 11 Process with Support from Lenders to Significantly Reduce Debt and Facilitate Comprehensive Balance Sheet Restructuring<\/em><\/p>\n\n\n\n<p>The dirty details: this company burned through more than <em>3.4 billion<\/em> buying up smaller e-commerce players and selling their inventory on Amazon. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/thrasio-takes-steps-to-strengthen-financial-position-302073706.html\">https:\/\/www.prnewswire.com\/news-releases\/thrasio-takes-steps-to-strengthen-financial-position-302073706.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The headline: Thrasio Takes Steps to Strengthen Financial Position The sub-headline: Initiates Pre-Arranged Chapter 11 Process with Support from Lenders to Significantly Reduce Debt and Facilitate Comprehensive Balance Sheet Restructuring The dirty details: this company burned through more than 3.4 billion buying up smaller e-commerce players and selling their inventory on Amazon. https:\/\/www.prnewswire.com\/news-releases\/thrasio-takes-steps-to-strengthen-financial-position-302073706.html<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[83],"tags":[],"class_list":{"0":"post-3796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bankruptcies"},"acf":{"sources":null},"_links":{"self":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3796"}],"version-history":[{"count":1,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3796\/revisions"}],"predecessor-version":[{"id":3797,"href":"https:\/\/www.profitless.com\/index.php?rest_route=\/wp\/v2\/posts\/3796\/revisions\/3797"}],"wp:attachment":[{"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.profitless.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}