3 ms·
their biggest asset is their user's location data; which is all in the past Data, by definition, is in the past. Users' past location data is hugely valuable,
by revorad 15y ago
their biggest asset is their user's location data; which is all in the past
Data, by definition, is in the past.
Users' past location data is hugely valuable, just like customer purchase history is valuable for Amazon.
- namank 15y agoNot the same thing since history is not Amazon's value proposition.
- revorad 15y agoOf course it is! As a customer, they can recommend me products based on what I've bought before. And if they sell more, that's valuable to their shareholders too. They can predict what might sell more in the future, what might go down, etc. which gives them a lot of leverage over competitors when it comes to managing the supply chain, negotiating partnerships, hiring new staff.