Originally Posted by Find Finn
I don't see Alibaba ever being a threat, as they mostly deal in knock offs etc., so they would need a huge revamp before that would be that would be possible.
My main problem with amazon at least here in Europe, is that they are not cheap and a large part of what they sell is sold via retailers and I often get "we don't ship to your location", so I pretty much stopped using Amazon, I think we get an Amazon light here.
I mostly used Amazon for books etc. and mostly buying via Gestalten etc. is cheaper and I've never received a book from Amazon, without it looking it had been used to test anvils.
Farfetch is pretty close to doing a clothing version of Amazon, at least based on Amazon Europe, hosting e-commerce for a lot of high end clothing shop.
Amazon is a lot, lot, lot more. It holds over 30% of all internet commerce in the USA. Think about how staggering that is. Amazon's revenues are in excess of $60B/a.
And it is more than just another company "on the cloud". It owns the cloud, to a large degree. Amazon Web Services is huge, and it's just a small portion of their total business. It's reach in the USA is everywhere. It does not have supreme dominance worldwide, but it has the resources
Farfetch is cool. I like it. But it's just one of the rats that have found a niche. High end fashion, especially men's high end fashion, is a nearly negligible industry, as much as I'd like it to be otherwise.