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The grandparent wasn't talking about retail. > restaurants, travel, events, etc. You think those things are moving online? I don't see online vacations gettin

• BoorishBears 6y ago
  Claiming the grandparent wasn't talking about retail is just wrong. > It's not just Etsy's stock that's up, but also the stock of Shopify, Amazon, Overstock, Walmart, Ebay, etc. And all the tech infra companies that support these ecommerce sites. You really think they're not talking retail? Not to mention the fact that no one claimed any of those things are moving online: > disposable income that used to go to restaurants, travel, events, etc. instead going to... [aforementioned companies
  • jameslk 6y ago
    Actually OP is right, I wasn't talking about retail per se. I was proposing the reason why ecommerce stocks are higher is due to changes in consumer discretionary spending (less spending on restaurants, travel, etc allowing more spending on online goods), but I acknowledge of course there are other pandemic-related changes in behavior that have increased the revenue of ecommerce, such as the shift away from retail. It remains to be seen whether this is a permanent change, but I'm betting it's not. All other discussions about whether ecommerce is taking away from retail are not entirely addressing the point I was trying to make.
    • fakedang 6y ago
      If evidence in China, a market which is more digitally integrated than the US, is anything to go, rebound shopping will make a huge dent on e-commerce.