Amazon-Deliveroo deal faces probe

Given Amazon's planned move into grocery retailing and their investment in Deliveroo, this looks like a natural progression for the online food delivery market... ultimately time-poor consumers demand the convenience of having items brought to their doorstep, https://lnkd.in/dmZEG-m #groceryretail #onlinegrocery

The first goal for tech companies like Amazon or Alibaba to venture into new businesses isn't just to diversify its strategic corporate growth and ultimately make profit with new acquisitions but, as an obsessed customer centric they are, to understand customer in depth by collecting priceless data, data business which became last year more profitable business than petrol, to feed its Amazon/Alibaba ''cow milk'' cloud business to provide better tailored advertisement for its clients. One of the main assumption of this article is that this acquisition of Deliveroo Edition, ''ghost kitchen'' business concept isn't mainly for data collection purpose but if coupled with the concept of ''Dark supermarket'' (distribution centre used exclusively for online shopping) or an automated micro-fulfillment center, to transform Amazon fresh food delivery losses into a profitable business. If it might partially answer to the obstacle to reach profitable ''last mile'' for delivery grocery but it won't play a significant role to solve the lack of trust for any online grocery business is facing: fresh products choice to be done on the behalf of customer. #deliveryonline #profitandloss #amazon #freshfood #deliveroo #acquisition #darksupermarket #ghostkitchen

Are We Work, Deliveroo and Uber, Amazons in disguise? Strange that people seem to be glorifying in We Works current corporate challenges. Innovative new service and product concepts often take time to evolve and the massive losses that others glorify in are all part of the land grabbing strategy required to scale up. We Work has delayed its IPO and forecasts are for a valuation of $10b, less than a quarter of previous estimates. For a young start up, not bad. Deliveroo and Uber are similar, the former still private the latter quoted and both still building revenues and making losses. In all this we forget the extraordinary talent that had the original vision, ability to raise cash, execute and build globally renowned businesses that are fueled by very clever tech, data , sales and digital marketing professionals. Amazon lost heaps of cash for a decade as it built an extraordinary business supported by extraordinary people. There are many other potential unicorns in the wings who deserve our respect as do the investors for taking the risk and the people for their talent in creating something of value #wework #amazon #deliveroo #uber #talent