Background: Shopify provides a plug-and-play software service where one could quickly get their own online retail sales store up and running within days. The entire payment processing, checkout, and website is managed by Shopify. This was a way of arming rebels that didn’t...
-Revenues: All indicators point to flattening sales in the Products segment. We expect this to continue at least for the next two quarters till we pass the high base comparisons from the pandemic-fuelled purchases of CY21. However, AAPL is moving towards a more...
DoubleClick’s acquisition by Google in 2008 cemented Google’s lead over other ad-networks and combined with its dominance in search provided a complete end-to-end solution to advertisers thereby transforming Google into the global advertising giant it is today. Since 2008, the world has changed...
BayFort View: Nonfarm payrolls rose 528,000 for the month of July and the unemployment rate was 3.5%, easily topping the Dow Jones estimates of 258,000 and 3.6%, respectively. Anything above 200,000 nonfarm payrolls in a month is a robust economy, in normal times...
We were poring through the quarterly SEC filings of Amazon and were intrigued by one item in their Balance sheet, “Seller Receivables”. On further investigation, we found that it’s actually a business line within Amazon, which lends to sellers for inventory purchases. Btw,...
BayFort View: The latest deadline before this announcement was mid-2023; it was a concern for the online advertising industry which is still recovering from the IDFA changes announced by Apple and the slowdown in online ad-spending post covid. The new timeline provides an...
BayFort View: Semi-conductor manufacturing has been very capital intensive and low on labor since its a highly automated process. So, it was always a mystery as to why the US couldn’t build a domestic chip manufacturing industry. The only reason cited so far...