I think Uber’s purchase of Postmates is the first step in offering a grocery delivery service. To explain, Postmates has had the experience of making five million deliveries a month in 2020, Business of Apps estimates.
In contrast to blockchain, Bottlerocket has a low resource footprint, fast boot times, and small security attack service. Thus, Bottlerocket could be a blockchain alternative rather than a blockchain. To elaborate, many of today’s blockchains are slow, cumbersome, and resource hogs. Additionally, Amazon claims Bottlerocket is minimally disruptive.
In detail, Statista estimates PayPal (PYPL) had 286 million user accounts in 2nd Quarter 2020. That number grew to 346 million at the end of Second Quarter 2020. Similarly, Stockrow estimates PayPal’s revenues grew by 22.21% in the quarter ending on 30 June 2020.
The strange news of the past week was Walmart wants TikTok. To explain, Walmart (NYSE: WMT) wants to join Micorsoft’s (NASDAQ: MSFT) bid for TikTok. “We believe a potential relationship with TikTok…
In fact, Stockrow estimates Shopify’s revenues grew by 97.34% in the quarter ending on 30 June 2020. Conversely, Shopify’s revenues grew by 46.65% in the previous quarter and 46.91% in the last quarter of 2020. Thus, Shopify offers the same breakneck growth that Amazon (NASDAQ: AMZN) reports.
Beyond Rogan, I think fear is driving Cash App’s Bitcoin revenues. To explain, I think ordinary people fear coronavirus could destroy the US dollar and the American economy. Hence they are looking for alternative assets and Bitcoin (BTC) is a dollar alternative.
Lemonade’s killer app is an artificial intelligence (AI) that could process claims seamlessly and instantly online. Theoretically, Lemonade’s killer app could pay your claim at the touch of an app.
Moreover, Stitch Fix’s market could grow because department stores and fashion retailers are dying fast. For example, J. Crew, True Religion, Neiman Marcus Group, and J. C. Penney (NYSE: JCP) have declared bankruptcy. Dramatically, one iconic department store brand Barneys New York has died completely.
In today’s world, it’s impossible to ignore elearning technologies. If you want to make the most of your investment in employee training and development, then elearning is worth considering.
I think the coronavirus statistics justify the Alibaba Holdings Inc. (NYSE: BABA) bulls. However, the same statistics cast doubt on the bull case for American stocks.
EBay could profit from that if desperate retailers flood its platform with cheap merchandise. In particular, department store operators; such as Macy’s (NYSE: M) and Kohl’s (NYSE: KSS), that have hundreds of closed stores and tons of merchandise to unload could turn to eBay for fast cash.
Given those numbers, I think Kroger is a value investment Mr. Market underprices. I think Berkshire’s purchases indicate Buffett agrees.
