Skeptical about the 90% claim. Is time spent on YouTube, Netflix, Prime Video, The New York Times and Spotify (with Joe Rogan specifically) so insignificant as to be relegated to the "miscellaneous" 10%?
> Employees are horribly treated, wages suppressed
I never saw the definitive source on this, but around the time when the unionization vote was happening, people claiming experience in the logistics industry described Amazon as a place with low starting wages, but aggressive bonus structure for high performers. They also offered health benefits on day 1, which is unheard of in logistics.
Other warehouses in the area might have different compensation schemes, and people would generally gravitate to the one that suited their work style better.
The unionization vote seemed like it corroborated this thesis - it wasn’t even 52/48, but something definitive, like 70/30 against the union.
Perhaps someone is aware of the data that incorporates take-home compensation with benefits and all, not the base rates advertised in job ads.
> That you have your own website , app or accept request by phone doesn’t matter, the customers already have Uber or deliveroo app installed
I dunno, one rarely wants just some generic burger/sandwich/pizza/sushi, brand loyalty in restaurant business tends to be strong.
I might be in the minority, but I usually start off with the restaurant Web site, and then just end up using whatever takeout/delivery app they link to.
How does it compare to cost of hiring a web guy to build out an order system (admittedly, a one time expense) and a full time delivery guy? Pizza places have been doing it for ages, so can’t be that prohibitive.
It's partially due to hoarding, partially due to panic buying, and partially due to the lockdown of many schools and businesses, which caused most eating+drinking+related activity to move home, raising household demands on food and toilet paper above normal.
Also, if you're supposed to show your face in public as infrequently as possible, then instead of 10 shopping trips you're better off making 1 shopping trip buying 10x the stuff. Which exacerbates availability.
Every large retail store is open (so far) in Southern California, with most retailers' inventory being purchased at full retail prices.
I am not sure why the retailers don't switch to curbside-pickup model exclusively, instead preferring hordes of customers roaming around every single morning, but from what I hear, Instacart and store-specific delivery programs are overwhelmed.
> Automatic micropayments with a daily allowance seem like a much superior solution.
How do you ensure some content quality that goes beyond a headline and a catchy teaser paragraph?
Kindle Unlimited had this problem when they started distributing payouts based on pages read, which led to a proliferation of books with catchy first page, instructions to skip to the last page and a bunch of junk in between.
Only after Google Video has been around and failed to reach the critical mass that Google hoped for.
Customer acquisition in ride sharing space is a fairly well-trodden path - start with a high promotional credit for signups/referrals, gradually lower those as desired metrics are met.
I guess in that sense an acquisition makes sense when the target is priced below the cost of customer acquisition, but I doubt that is the valuation Lyft/Uber are hoping for.
This tends to realign the systems around serving the interests of that one large company, and historically has been a mixed bag. Finland's reliance on Nokia, Russia's on Gazprom and Saudi Arabia's on Aramco was good while it lasted.
For what it's worth US laready has large ownership stakes in such corporations as AIG, Amtrak, USPS, Freddie Mac, etc.
The billionaire himself would rarely have a significant pile of cash lying around. Someone somewhere decided to value AMZN at $1,046.00.
They could've done something for the country. They could've put $1,046.00 into science. Cut a $1,046.00 check to a social welfare system. Yet they chose to exchange $1,046.00 for a single share of Amazon.com.
https://www.newsweek.com/netflix-shows-viewing-figures-most-...