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The alternative title for this is "Shopify decides to compete against Amazon - no, no, not in the super profitable AWS part, but the money-bleeding, never-profi
by tenpies 4y ago
The alternative title for this is "Shopify decides to compete against Amazon - no, no, not in the super profitable AWS part, but the money-bleeding, never-profitable fulfilment part that's near-impossible to do without incurring bad PR".
This in the backdrop of an economy that is grinding down, and crushed by inflation. We are 2/3s of the way into stagflation and Shopify does this.
I would be quite surprised if we're anywhere near the bottom. Give it a couple of quarters so we can see badidea.exe sink in.