Walmart

“I mean, it would be very hard For a retail base of investors to move the stock of an Apple or a Walmart or an Amazon in this kind of way.”

“And Google actually put a multi-thousand person team to work on this, both in search, but also within my team. The shopping team, for example, had an assistant. We had partnerships with companies like Walmart. We took it seriously”

“The kind of research we're doing is looking at, like, China products you can buy at Target and Walmart and Costco today, and then seeing what the price is gonna be next week, later this week, and see, like, how quickly, if at all, do the prices come up, right?”

“You know, every transaction that happens at a Walmart gets into our cloud to allow them to do analysis of how much inventory do they need to replace, which customers are buying, what products are selling.”

“However, this morning I asked, and I asked from the deep, deep research side, what are the top 150 retailers in the U.S. By revenue in 2024? Seemingly straightforward query. It returned Walmart 23 times and Amazon 36 times In this list.”

“For the de minimis thing in particular, I think Amazon's better off with de minimis not existing. Because de minimis is shipping direct from China to the U.S. Consumer. It skips their fulfillment network. Which is where they put all the capex and huge competit…”

“They want to take a cut of both the discovery and the transaction when someone searches For a product using ChatGPT. This is already happening with Walmart, Etsy, Shopify, all announced on dev, on their dev day.”