Forum Archive Index - May 2000
Please note usage of the Forum is subject to the Terms & Conditions.
[sharechat] Worrying days ahead of PRG's Flying Pig
Must be worrying days ahead of PRG's Flying Pig. A new online retailing
company (Buy.com which is part of America's second-largest e-tailer in the
US) was launched on the market in Australia yesterday promising goods at
discounts of up to 20per cent.
In terms of revenue, buy.com only trails Amazon.com. Buy.com's local chief
executive, Richard Baillie, said the company differed from its competitors,
as it had no warehousing or inventory costs, and the delivery of products
was also contracted out.
"We link together those parties in a way that can remove those costs," he
said.
While the local online site's offering focuses on electronic and computer
goods, Mr Baillie said its range would expand to include books, CDs, videos
and a travel site "as soon as I can do it".
________________________________________________________________________
Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com
----------------------------------------------------------------------------
http://www.sharechat.co.nz/ New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.