Jet Comparisons Company JetWishBainbaiUBERAIRBNBAmazon

Revenue StreamMembership feesSpread between sales and costsMembership Fees-last year lose 400 M-buisness model?Sued before?Legal? NYC-cloud computation

Target Market-People who wants to save money and purchases in bulk

People who are shopping for fun(Teenagers/Young Adults in US)Medium to Upper class citizens in China who want to purchase imported goods

GROUPON?

ProductsEverything-Clothing (young adults)-gadgets (phone cases, etc)-accessories (watches, bags) -Food (imported rice, oil, meat, fish)-Cleansing Products

Specialty -competitively lower prices -bulk saving-casual shopping-random assortment of products-up to 95% of goods are imported

Funding 255M578.7M

General Statistics -inventory risk

Visits: 8.4M/monthTraffic:Visits: 15-30k/monthTraffic:

Points of interest-Items are mainly from China and Korea -appeals mainly to US population who do not have easy access to these Asian products-majority of chinese merchants are referred through website www.mangoerp.comwhich is a middle man that helps chinese merchants upload their products on western ecommerce websites-people who are shopping on these websites are not driven by need for a particular product but rather for fun aspect of shopping when they see something interesting or cool

Risk and rewardWhy invest in thisWhy not another?

Wish:-Diao Si market-80% China

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