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> international business was down a fair bit, both in profits and sales, This is something to watch as US sales are probably not a growth area anymore and bulls
by bsder 5y ago
> international business was down a fair bit, both in profits and sales, This is something to watch as US sales are probably not a growth area anymore and bulls were watching this areas specifically for growth. Not only fail to grow here but to show a loss is concerning.
Unsurprising as Amazon in the US is basically Alibaba with a better returns policy.
If you don't gain a benefit from the returns policy, you might as well go directly to Alibaba.
- donavanm 5y agoReturns and local logistics. Delivery with tracking in 2-5 days is a LOT better than most (all?) alibaba sellers and opens up an entire category of nearly JIT sales. The old 1-2 day delivery was even better and could cover more daily needs. Alibabas multi week china post deliveries can’t replace a quick trip to the local shops, which is what Amazon had spent a decade going after.