This company says it’ll beat Amazon to $1 trillion in yearly sales, by selling through Facebook
Last year, analysts estimate Amazon did about $ 180 billion in gross merchandise volume. But a startup selling cheap smartwatches and knockoff watches thinks it can beat the e-commerce giant to selling $ 1 trillion of merchandise a year by using smarter advertising and targeting shoppers Amazon may miss. In a profile on Re/code, Wish CEO Peter Szulczewski is confident his platform that allows merchants to sell directly to consumers will continue its current growth, putting it on par with Amazon and Alibaba. “We think we’re going to be the second or third trillion-dollar-a-year marketplace,” Szulczewski told Re/code. “We think Alibaba will be first and then… Read More
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