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January 31, 2017

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Spending to Grow

January 31, 2017

Marc Lore is the master of losing money today betting on the come that he can make money tomorrow.  Diapers.com and Jet.com both bled money to grow - and now he is taking that high risk model into WMT - the difference is WMT doesn't have Amazon's AWS to offset the massive transportation losses they will incur as a result of this.

 

http://www.recode.net/2017/1/31/14448274/walmart-free-two-day-shipping-amazon-prime-35

 

 

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