4 ms·
Crazy that a discount grocer can trade blows with big american cloud compute.
by kjkjadksj 6mo ago
Crazy that a discount grocer can trade blows with big american cloud compute.
- joaodlf 6mo agoNot necessarily trading blows, but LIDL is huge in all sorts of figures. From revenue to employment numbers.
- retired 6mo agoLIDL sells everything you need in your life in the middle aisle. Even cloud solutions.
- burner-phone73 6mo agoThe Schwarz Gruppe (owner of Lidl) makes about as much as Meta and Microsoft. So, yes, they're are big player.
- browningstreet 6mo agoDon't you mean that it's crazy that a discount grocer can trade blows with a bookseller?
- myroon5 6mo agoBut can a wool shoe company? https://ir.allbirds.com/news-releases/news-release-details/allbirds-inc-executes-50m-convertible-financing-facility https://ir.allbirds.com/news-releases/news-release-details/a...
- ivan_gammel 6mo agoLidl doesn‘t do that. It is just a grocery discounter, one company of the many in that corporate structure, and one of the users of that cloud.
- Barrin92 6mo agothe parent company (Schwarz Group) has over half a million employees and makes something like 200 billion in revenue per year, I think calling it a discount grocer is underselling it a bit lol.
- hermanzegerman 6mo agoIt's their main business
- rwmj 6mo agoGetting a large customer is a great win for them, but setting up a cloud service isn't that hard? The most complicated bit would have been financing.