Ryan Cohen
👤 SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
I mean, if you just look at how they've done in the past since COVID-19,
I mean, if you just look at how they've done in the past since COVID-19,
Every important metric is down.
Every important metric is down.
GMV is down.
GMV is down.
Active users is down by 30 million.
Active users is down by 30 million.
Operating earnings is down.
Operating earnings is down.
Revenue now is, you know, basically essentially break, even it's up a few points and operating expenses is up significantly.
Revenue now is, you know, basically essentially break, even it's up a few points and operating expenses is up significantly.
Their operating expenses now are for a business that has no inventory.
Their operating expenses now are for a business that has no inventory.
They're operating, their revenues are, their operating expenses are over half of their revenues.
They're operating, their revenues are, their operating expenses are over half of their revenues.
So that's a business that they're not growing.
So that's a business that they're not growing.
Everybody else in e-commerce is growing.
Everybody else in e-commerce is growing.