Comment on Facebook, Twitter, Amazon shares lose 23%, 8% and 3% in a day

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iamtanmay@wolfballs.com ⁨2⁩ ⁨years⁩ ago

I bargain hunt a lot for electronics. I compare the online prices in Europe to price of ordering from China + import duties.... my observation is that generally the cheapest online stores are making ~1% profit, and that's enough for me, rather than waiting weeks for the cargo ship + inconvenience of going to the customs house to pay the duty. I think they are barely surviving on these margins.

I find electronics on Amazon to be 10% more expensive than Ebay. It only makes sense if you order many things and get free shipping.

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