3 ms·
- 11.8x 2015 sales - Company was growing around 50%/ year - With -18% opinc margin - Customer base mostly mid tier and less savy ecommerce customers, read: f
by shaqbert 10y ago
- 11.8x 2015 sales
- Company was growing around 50%/ year
- With -18% opinc margin
- Customer base mostly mid tier and less savy ecommerce customers, read: future Amazon victims
=> Extremely steep price
- origami777 10y agoWhat do you mean by "Customer base mostly mid tier and less savy ecommerce customers, read: future Amazon victims"?
- JimmyAustin 10y agoI think he is talking about organisations that are either: A) likely to fail victim to Amazon beginning to sell Amazon branded products under the "AmazonBasics" brand. B) Increasingly unlikely to be able to compete against the sheer scale of Amazon as a storefront as it expands.