Walmart is struggling in ecommerce for very predictable reasons; the company — and economy — is better off leveraging its assets and not competing directly with Amazon.
Walmart’s earning suggest that the company’s online grocery business is doing well, even while Amazon struggles. This is not a surprise, given the two companies points of integration.
More news and follow-up on Didi and Uber, and whether or not Instagram Stories will succeed. Then, Walmart is reportedly buying Jet.com, but Amazon’s earnings show how far they have to go.
Good morning, I’m writing this update on a plane headed to Beijing for tomorrow’s Xiaomi announcement. My plan is to write about the experience of the keynote for tomorrow’s Daily Update, and then hopefully I’ll have a special treat for Friday – stay tuned. In addition, please excuse any delays in response or on theSubscribe […]
Good morning, A quick heads up re: meetups for Access members. The time and location of Friday’s New York meetup has been finalized and should be in your Inbox. If you didn’t get the email or wish to join, please follow up with me directly. Same with Chicago and Madison. As for the update, ISubscribe […]