Walmart’s had an online marketplace since 2009, though it’s always fallen short of Amazon’s in scale. Now they’re teaming up with Shopify to bring more sellers and more products to the platform. It’s also a reflection of (I think) philosophical […]
It’s like telehealth for your home! One neat feature: the app uses AR so pros can draw on top of your camera feed, highlighting parts in your home. | learn more
“The live, online shopping extravaganza the 34-year-old hosts most nights for her fans across China is part variety show, part infomercial, part group chat. Last month, she hit a record-high audience of more than 37 million—more than the “Game of […]
I thought Chinese sellers were able to ship to the US so cheaply because their freight was being subsidized by China. Surprise: it’s being subsidized by our own post office! | learn more
From the restructuring industry newsletter Petition: “Much like most other COVID victims, Hertz could be described as having mild pre-conditions that made it generally more susceptible to the virus. For years now, the company has been attempting to effectively treat […]
From the New York Times in 1971, resurfaced because of the chain’s recent bankruptcy filing. “In an interview on his 93d birthday, he said that the profit sharing plan for employees that he started in 1907 had been largely responsible […]
I didn’t know where to include this link so it’s here. We should remember the strong network effects of cities before we believe that they’ll fall apart in favor of remote work. | learn more
Scott Galloway is impressed by Amazon. “Any customer, vendor, supplier or worker who wants a near-virus-free supply chain, a criterion that has gone from zero to light speed in 90 days, will have a selection set of one.” | learn more
They’re up in many categories, down in others. Amazon deemed books non-essential, slowing orders. Meanwhile startup Bookshop.org is growing out of control. One of their main selling points seems to be that they’re not Amazon. | learn more
You may not be surprised that a lot of purchases from Amazon start with product discovery outside of Amazon. One of the big drivers of growth the past 20 years has been their vast network of ‘associates’ who drive traffic […]