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Wish S-1

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51–60 of 153 posts

Re: Wish S-1

#51

I always thought of Wish as an AliExpres front, doing drop-shipping at higher prices. Therefore, I've never used it myself. I might be wrong. Are there good reasons for why someone would recommend their loved ones to use Wish over AliExpress?

My credit card company (in the UK) has blocked AliExpress but not Wish. This doesn't make me want to use Wish, but maybe it's a reason why others would prefer it over AliExpress.

Re: Wish S-1

#53
post #43

Earlier quoted context omitted.

I'll ask again for a source. It should at minimum lay out the size and weight of the package, so I can verify the actual cost.

Go do your own research. Look up the agreement. Usps last mile is free. 1 ounce. 4x4x2 envelope It takes 30 seconds to find something on aliexpress. I'm not going to spoon feed you

That’s not really the ethos of this community. If you make a claim, you should provide context to back it up. Asking someone else to do your research and closing with “I’m not going to spoon feed you” isn’t how HN works.

Re: Wish S-1

#54
post #29

Earlier quoted context omitted.

So many of these new S-1s are unprofitable, where does the money all go? I'm beginning to wonder if entire unicorn ecosystem is just a funnel to subsidize ad / infrastructure / payment rail revenues at the leading providers.

Did you miss the part where it said that it's been net profitable? "net cumulative cash flow from operations of $16 million from January 1, 2017 to September 30, 2020"

That part does not mean what you think it means. Cash flow, negative working capital and profitability are separate things. In the end, they are generating loss.

Re: Wish S-1

#55

Earlier quoted context omitted.

Go do your own research. Look up the agreement. Usps last mile is free. 1 ounce. 4x4x2 envelope It takes 30 seconds to find something on aliexpress. I'm not going to spoon feed you

That’s not really the ethos of this community. If you make a claim, you should provide context to back it up. Asking someone else to do your research and closing with “I’m not going to spoon feed you” isn’t how HN works.

Then ban me. I don't care

Re: Wish S-1

#56
post #27

Earlier quoted context omitted.

IPOs priced per year 2017: 160 2018: 192 2019: 160 2020: 190 (YTD) IPO proceeds year-to-date is $67.6b, the largest amount of the decade if you discount Alibaba's $25b IPO in 2014 [1] https://www.renaissancecapital.com/IPO-Center

Is there any change in the number of tech IPOs specifically?

Define a "tech IPO" for me. I'll wait.

Re: Wish S-1

#57
post #43

Earlier quoted context omitted.

I'll ask again for a source. It should at minimum lay out the size and weight of the package, so I can verify the actual cost.

Go do your own research. Look up the agreement. Usps last mile is free. 1 ounce. 4x4x2 envelope It takes 30 seconds to find something on aliexpress. I'm not going to spoon feed you

I've done the research several times when I've seen people making specific claims with specific prices, and each time I found it to be false.

The cheapest USPS shipping for your dimensions and weight is $2.05 currently with parcel lightweight and sorting. Now what product is that size that you're comparing to? Note that the thickness here is important, as anything less than 3/4 inches thick can generally be sent in a flat envelope for considerably cheaper.

Re: Wish S-1

#58
post #27

Is it just me or are there multiple S-1's on here almost every day at the moment? Is there glut of them or are they just overly represented on HN at the moment?

IPOs priced per year 2017: 160 2018: 192 2019: 160 2020: 190 (YTD) IPO proceeds year-to-date is $67.6b, the largest amount of the decade if you discount Alibaba's $25b IPO in 2014 [1] https://www.renaissancecapital.com/IPO-Center

So there are more already this year - but I reckon a lot more than usually last month, that I’ve seen on HN at any rate.

Maybe everyone waited til the worst of the covid-panic was over.

Re: Wish S-1

#59
post #34
post #30

> Historically, our merchants in China have benefitted from lower shipping costs due to the Universal Postal Union Treaty (“UPU”). Certain expected changes to UPU postal rates that went into effect in July 2020 are likely to increase the shipping rates our merchants incur to ship products from China. The actions we have taken in our logistics program to mitigate these increased costs may not be successful over the lo…

>Thanks to the UPU, Before July it was cheaper to mail a package to Chicago from Shanghai than to shop to Chicago from Dallas. Do you have a source on this? Most claims of this nature that I've seen fall apart on investigation - usually they compare a bulk wholesale rate for slow international shipping to a retail rate for priority domestic shipping to get this result. I'd like to see an apples to apples comparison t…

I know you’re skeptical and I would be too if I hadn’t heard of this before but it’s actually true. Planet money has two really good podcasts about exactly this topic. Here’s a link:

https://www.npr.org/2018/08/23/641140144/unraveling-the-myst...

https://www.npr.org/sections/money/2018/08/01/634737852/epis...

Re: Wish S-1

#60

The tolerance of counterfeits is really such a bummer. And it's not just Wish. Amazon has their fair share of counterfeits as well. These "Airpods"[0] are cheap knockoffs, but the images say that they're Airpod Pros. This listing is on the first page of results when you search for Airpods on Amazon. [0] https://www.amazon.com/Wireless-Headphones-Bluetooth-Earbuds...

Those aren't even fake. They don't list apple as the brand. They don't use the apple logo. The only "fake" thing is using "for airpods" in the product title.

Check out the third image. Clearly calls them Airpod Pro.
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