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.
Consequently, mobile payment apps such as Google Pay and Apple Pay could help you avoid Coronavirus.
Given those numbers, I think Kroger is a value investment Mr. Market underprices. I think Berkshire’s purchases indicate Buffett agrees.
Therefore, Amazon Logistics could be America’s largest delivery company by 2022. Hence, Amazon could dominate the delivery business if it delivers other companies’ orders.
Koffman theorizes that the PBOC will use the DCEP as an economic weapon to make the Renminbi; or the Yuan, the world’s dominant currency. To explain, the hope is that people all over the globe will use the DCEP to pay for everything online or in social media.
Consequently, The Verge brands Amazon a “serious rival to FedEx and UPS.” Hence, Amazon could become America’s dominant delivery brand within three years. Thus, we could live in a country where Amazon is the average person’s first choice for delivery orders. In other words, FedEx’s worst nightmare could soon become a reality.
Power Ledger offers Ethereum blockchain software that could facilitate renewable energy trading across three markets. Those markets are Energy Trading, Environmental Commodities Trading, and Renewable Asset Ownership.
I think The Drop is an attempt to snatch Target customers. In particular, Bezos is trying to get future soccer moms; while their shopping habits are still forming. Bezos’ plan is to create a generation of women who only shop on Amazon for everything. Tellingly, the best book about Amazon is The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone.
Moreover, Wayfair is growing at a dramatic rate. Stockrow estimates Wayfair’s revenues grew by 35.17% in the quarter ending on 30 September 2019. However, that growth rate was down from 41.56% in the previous quarter.
Importantly, TJX is making a little more money. TJX’s quarterly revenues rose from $9.781 billion on 3 August 2019 to $10.451 billion on 2 November 2019, Ycharts estimates.
I think BOA’s revenues point to an interesting paradox in Fintech; the faster and more efficient Fintech gets, the less money it makes. Digital financial technology makes banks faster and more efficient but they make less money.
The number of PayPal accounts grew from 244 million in 2nd Quarter 2018 to 277 million in 1st Quarter 2019 to 286 million 2nd Quarter 2019, Statista estimates. Thus, PayPal gained nine million accounts in 1st Quarter 2019. Impressively, I estimate PayPal added 26 million accounts between 2nd Quarter 2018 and 2nd Quarter 2019. In addition, Statista estimates PayPal’s peer-to-peer (P2P) app Venmo had 40 million active accounts and a $24-billion net payment volume in 2nd Quarter 2019.