[HN Gopher] What is happening to Lazada is happening to all comp...
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       What is happening to Lazada is happening to all companies acquired
       by Alibaba
        
       Author : 7d7n
       Score  : 17 points
       Date   : 2021-01-09 19:12 UTC (3 hours ago)
        
 (HTM) web link (thelowdown.momentum.asia)
 (TXT) w3m dump (thelowdown.momentum.asia)
        
       | verroq wrote:
       | A screenshot from ngabbs is supposed to prove what exactly?
        
       | rootsudo wrote:
       | Makes sense. Lazada also has it's own set of problems for being a
       | marketplace.
       | 
       | Majority of sellers on Lazada were just dropshipping from Chinese
       | wholesalers. There is great profit incentive/arbitrage because
       | where Lazada is popular - there is great barriers of entry. South
       | East Asia.
       | 
       | High Tariffs. High Customs/Customs issues. Physical customs
       | inspection. High shipping times.
       | 
       | Then the last mile of fulfillment is the issue because of the
       | consumer base being very spread out and not in city centers in
       | South East Asia - bike courier is still most common way of
       | delivery. Postal Mail does not work/will not deliver.
       | 
       | Then there's of course shrink/fraud.
       | 
       | It's fun conversation, it reminded me of ebay circa 2000's. Great
       | time to make a name for yourself.
        
       | AdrianB1 wrote:
       | 6. Declares the KPIs were achieved. I am seeing this more and
       | more these days in all the companies I work with. Unless it's
       | SOX, everybody lies (yes, House MD style).
        
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       (page generated 2021-01-09 23:01 UTC)