Saturday, May 13, 2023

Numerator: Amazon has a 3% US grocery market share including branded stores and Whole Foods; UBS: physical stores accounted for ~90% of US grocery sales in 2022 (Wall Street Journal)

Wall Street Journal:
Numerator: Amazon has a 3% US grocery market share including branded stores and Whole Foods; UBS: physical stores accounted for ~90% of US grocery sales in 2022  —  Amazon is still barely scratching the surface of the grocery market despite years of efforts.



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How India's IT services sector, which employs 6M people, contributes ~7% of GDP, and generates $300B+ annually, is shedding jobs as AI automates formulaic work (Financial Times)

Financial Times : How India's IT services sector, which employs 6M people, contributes ~7% of GDP, and generates $300B+ annually, is s...