From Benedict Evans. “Amazon’s ad business is bigger than YouTube and more profitable than AWS. Shein is the biggest fast-fashion retailer in the US, with no stores. US pay TV subscribers have fallen by a third. Where do ad budgets […]
They ended the program after Washington state’s Attorney General sued them. “It was billed as a way for sellers to avoid constantly monitoring and changing product prices. Instead, Amazon would optimize the price, guaranteeing sellers a minimum price. The lawsuit […]
Here’s a crazy stat: “In June, the company accounted for 28% of all fast fashion sales in the U.S. — almost as much as both H&M and Zara combined.” | learn more
Stratechery: “Amazon’s owning the end to end supply chain makes it harder for merchants to ditch Amazon. Because the alternative logistics network form China are more expensive and more prone to failures. Investment years ago creates value and loyalty today.” | learn […]
While I wasn’t paying attention, “FTC ordered Google, Apple, Facebook, Amazon and Microsoft to provide data on every single acquisition they made from 2010 to 2019, and published some aggregate data as a report in September.” Benedict Evans analyzes the […]
“When Andrés Ruzo was just a small boy, his grandfather in Peru told him a story with an odd detail: There is a river, deep in the Amazon, that boils.” | learn more
“Amazon has told its delivery partners to stop screening applicants for marijuana use, according to Bloomberg. Amazon said screening for marijuana reduces the number of job applicants by 30%. The company said eliminating the requirement increases applications by 400%.” | learn more
“The scruffy exporters are used to roaming about suburban factory areas and dealing with constant cash flow strain, but suddenly they find themselves having coffee with top Chinese venture capital firms and investment representatives from internet giants, who come with […]
“Amazon and Walmart both use artificial intelligence to decide whether it makes economic sense to accept a return. These merchants can absorb the cost. But for smaller merchants, returnless refunds are a recipe for financial disaster.” | learn more
In 2018, the anonymous blogger behind Deep Throat IPO wrote this incredibly long post exploring the question “What would have happened if Amazon and Walmart had never been born?” It’s a fascinating exploration of the dynamics of US retail and […]