Take Rate

“The way for them to win is to have it be as close to zero take rate as possible.”

“History has shown that these kinds of businesses cannot defend take rate for a very long period of time, whether it's for competitive pressure, or whether it's because their suppliers actually develop more pricing power. Take rate tends to decay.”

“So we make roughly about 60 in that.”

“So, I will answer somewhat seriously, which is high take rates are dangerous. So, our job as a company is to grow volume as much as we can, as fast as we can. And make your shareholders happy enough. Yep. Minimizing the take rate, which is taking as much of th…”

“By the way, they get paid three to five percent just for that, right, for delivering that technology and improving efficiency, which historically has been a very manual, you know, process for a lot of these providers with, you know, a couple of folks in the ba…”

“So if you sell insurance or whatever through rock and a customer's buying an airline ticket, you'll sell 60% more insurance because we get the right product, the right price. In front of that consumer when they're buying, we can manage the consumer relevancy a…”

“Our take rate is around 25%. It depends from the project to project, depending on the rate, but the average is 25%.”

“We take about four percent off that, so.”

“I think gross merchandise sales and take rate. I mean, gross merchandise sales being kind of the top line kind of what is the volume you're creating for your marketplace and then take rate is what do you take out of that? I mean, what are your revenues relativ…”