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11 results for “marketplaces”
By the way, there's new players coming along all the time. To me, it looks like it's probably one of the most rapidly innovating spaces. And now with everything that's happened with COVID and work from anywhere, plus everybody doing home shopping, et
to Ford's point where now you can do that through, you know, hemp. You can ship a a six pack of can to to a doorstep. You can't do that in cannabis. And so I was very interested in what the future of ecommerce was gonna look like with my founders, an
comes from transaction that happen on our grocers sites. We monetize it the same way as we monetize our core app, which is through a mix of fulfillment and advertising, but it is already very meaningful. And that goes back to the point I was making e
to buy something from a bricks and mortar store. A lot of restaurants that that is how you engage in. And I, I think that a lot of people will realize that those things are actually more convenient and those things aren't going to go away. So I think
And in The US, people saw the success of eBay and Amazon, which really helped to validate the model for both investors and for users as well. Now I think it's important to contextualize that even with these tailwinds, we're still talking about an eme
we can take all of these innovations and put that on their own properties. A good example, by the way, is ads where I was talking earlier about this massive trend towards brands wanting to spend on retail media. And that's a massive opportunity for b
In fact That's why they call them big box stores. Right. Right. So we can get into this later, but this old box actually has its own aftermarket in which probably 80 of the stuff that we recover comes from those stores, not from our doorsteps. Okay.
...plus. Shopify makes it easy to expand into these marketplaces
Yeah. I don't see anything that necessarily is fundamental to preventing ecommerce penetration from getting up to those levels. I think LatAm just started at a lower point compared to The US. And as I mentioned, a lot of the infrastructure had to be
How do you think about that sort of in person human interaction versus the digital commerce? I I mean, especially as you're, you know, you're trying to look to next generation consumers. I talk to our team all the time about the word balance, and and
which I think is growing. And this is before COVID because COVID statistics messed up everything for ecom. But in 2019, I think grew 37%. Which when Walmart itself as a whole was growing, like, 2%? Yes. And at this point, it's hard to say if this is
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