RE:RE:RE:RE:Undervalued?donkeyfeathers wrote: Yup. I'm not sure how the banks tamp down inflation and avoid recession (outside my pay grade). That said, every day the "Prime" van rolls past my house, but always drops off deliveries to all my neighbours (X2 per day). If anything, the volume is picking up even with pandemic factors subsiding (people are going out, but not to get things that can be delivered). Should SHOP compete directly with this. I think it can (should) given some of the anti-trust sentiment now floating around the political hallways in North America. In the meantime I'm watching the cost of borrowing and thinking about how people direct their spend in this new economic situation. Like I said, I think December 2022 is going to be a huge tell.
DF
Yep.
Probably more like Black Friday in November rather than December but that is just "splitting hairs".
Maybe I am different than most people (who knows?). I have had Amazon Prime for years. That said, it isn't the fast delivery as to why I have it. It is the other things like the 2 million songs I get on my Alexa for my playlists ,and the movies/shows. I buy most of my stuff outside of groceries, on line through AMZN but I really don't care of I get it in 1 or 3 days. Nothing is that urgent to me in terms of delivery times. As far as I am concerned, the value of AMZN Prime is in the other things and SHOP can't compete with that. Fast delivery is just gravy.
If, by any chance, I am typical then paying 2.5 billion for Deliverr was a waste of shareholder money IMO.