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Rishi Taparia - Issue #64

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This week we look at Sears' demise, Instacart adding fuel to its fire, a major regulatory change in e
 

Rishi Taparia

October 21 · Issue #64 · View online
Links and posts largely on fintech, commerce, climate and energy with a few random tidbits here and there

This week we look at Sears’ demise, Instacart adding fuel to its fire, a major regulatory change in ecommerce, JP Morgan doubling down on the Silicon Valley, robot dances and more. Enjoy!

Commerce
When Sears Was Everywhere: Espionage, Politics and Fine Art
Instacart valued at $7.6 billion after new $600 million investment
No More Mail Privilege for China as U.S. to End Deep Discounts on Packages
Connie Chan
Another change has hit cross border businesses. This time impacting all marketplace companies that rely on cheap shipping of goods from China to the US (Wish, eBay, etc.)
1:39 AM - 19 Oct 2018
Connie Chan
2/ Ever wonder how you can buy items for less than $1 with free shipping and still let the seller profit? For 114 years, the US has been part of the Universal Postal Union. https://t.co/NpXueJoPfd
1:39 AM - 19 Oct 2018
Connie Chan
3/ The UPU classifies China as a tier 3 country, giving it the steepest shipping discounts available for items shipped to tier 1 countries like the US; ~40-70% below market prices for packages 4.4 lbs. or less.
1:39 AM - 19 Oct 2018
Connie Chan
4/ With recent changes, marketplace companies will lose these super low cost listings, resulting in Americans paying higher prices in categories like jewelry, auto parts, housewares, accessories, fashion, small electronics. https://t.co/FPJUhX1x5r
1:39 AM - 19 Oct 2018
Connie Chan
5/ Warehouses in the US is a bandaid, but for marketplaces, this means a reduction in product selection, higher prices, and a huge biz model shift.
1:39 AM - 19 Oct 2018
Connie Chan
6/ Recode reports over 20% of Wish’s transactions are directly shipped from a supplier (almost always in China) to a US customer. PDD’s global expansions may also be limited.
1:39 AM - 19 Oct 2018
The long, long history of long, long CVS receipts
FinTech
JP Morgan CEO Jamie Dimon bets on Silicon Valley with 'fintech campus'
Kleiner's Mary Meeker Is Said to Bid Up Valuation of Fintech Startup Plaid
Square launches Terminal, an all-in-one device for card and mobile payments
Technology
Watch: New video from Boston Dynamics shows robot dancing to Bruno Mars
Random Tidbits
It's About Time: How to Make the Tough Choices
Your Real Biological Clock Is You’re Going to Die
Quote I’m thinking about: “When small men begin to cast big shadows, it means the sun is about to set.“ - Lin Yutang
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