Australia  Video

“Australia's speediest news portal”
One News Page
> >

Blue Apron IPO - the problem may Not be Amazon.com Inc, but closer to home

Proactive Investors Tuesday, 20 June 2017
Okay the word of the day Monday was ‘really’ and summed up the reaction of analysts and investors to the planned IPO of Blue Apron Holdings Inc, the meal ingredients company. A number of seasoned market watchers were a little incredulous at the move, coming as it did less than three days after Amazon.com Inc’s (NASDAQ:AMZN) US$13.7bn move for Whole Foods Markets (NADAQ:WFM) – and the coverage has largely mirrored that scepticism. READ: Tech Crunch gives its insight on the Blue Apron IPO It is assumed that Amazon, with its newly-acquired footprint in the grocery space, will stomp on newbies such as Blue Apron. However, the company’s advisers don’t seem to be particularly perturbed. Either this or they’ve decided simply to go hard rather than go home, as it were. The IPO could give the business a US$3.2bn valuation, around US$1.2bn higher than the firm was worth in private ownership. It will issue shares at US$15-$17 each, raising around US$590mln in the process. But while most of Wall Street was looking at the looming juggernaut that is Amazon, one keen-eyed amateur analyst seems to have spotted a more pressing problem for the business. His/her Twitter handle is Modest Proposal points to an alarming increase in churn despite a punchy cost per gross addition (we are not reporting this as fact; it is merely an observation).   Blue Apron updated S-1. Using disclosed average CPGA of $94, monthly churn has risen from 7% to 18%, implying 5.5 mo avg customer life. pic.twitter.com/m25VCSzhVd — modest proposal (@modestproposal1) June 19, 2017
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Cheddar Inc. - < > Embed
News video: Blue Apron Goes Public, So Why Are We Still Talking Amazon?

▶ Blue Apron Goes Public, So Why Are We Still Talking Amazon? 02:08

MarketWatch's Caitlin Huston discusses the ramifications of Amazon's recent Whole Foods acquisition on Blue Apron's IPO.

You Might Like


Recent related news

Philip Morris and Procter & Gamble stumble as Amazon surges

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday: Philip Morris International Inc., down $15.80 to $85.64 The tobacco company...
SeattlePI.com - BusinessAlso reported by •New Zealand Herald

Analyst downplays impact of Best Buy-Amazon deal that tanked Roku stock

Roku Inc's stock looked ready for another swing in its seesaw week on Wall Street Thursday after an analyst doubted a Best Buy-Amazon partnership would have much...
bizjournals - Business

Amazon.com shopping app goes global

Amazon.com Inc has launched an international shopping feature that will enable customers across the world to shop more than 45 million items that can be shipped...
Bangkok Post - TechnologyAlso reported by •Proactive Investors

Publix Bakery Pies Bring Home Blue Ribbons

Publix Bakery Pies Bring Home Blue Ribbons
LAKELAND, Fla.--(BUSINESS WIRE)--The Publix Bakery joined amateur pie makers, professional bakers and chefs, and commercial pie companies from around the country...
Business Wire - Press Releases

Boston or D.C. ‘most likely to win’ Amazon’s HQ2, report finds

The Boston and Washington, D.C., metro areas are the “most likely candidates” to win Amazon.com Inc.’s second headquarters, a study from New York-based The...
bizjournals - Business

Waterford Crystal to Celebrate 11th Anniversary with Evine During a Live Broadcast in Ireland

MINNEAPOLIS, April 19, 2018 (GLOBE NEWSWIRE) -- Evine Live Inc. (“Evine”) (NASDAQ:EVLV), a multiplatform interactive digital commerce company (evine.com),...
GlobeNewswire - Press Releases

Uber pursues Silicon Valley chief financial officer in step that could signal an IPO is on the way

Uber Technologies Inc. is in talks to hire a veteran Silicon Valley chief financial officer in a step toward an initial public offering next year. The...
bizjournals - Business

Velocity Achieves Amazon Web Services Oracle Competency Status

CHARLOTTE, N.C., April 19, 2018 (GLOBE NEWSWIRE) -- Velocity Technology Solutions Inc., the global leader in enterprise cloud application management services and...
GlobeNewswire - Press Releases


Tweets about this


Other recent news in Business

Alta Zinc receives $3 MILLION to advance Gorno Zinc ProjectShareRoot Ltd hires leader 'instrumental' in uncovering Cambridge Analytica and FACEBOOK scandal
Lithium AUSTRALIA acquires Pilbara tenement prospective for lithium micasQUEENSLAND Bauxite selling hemp products in Coles, shares rise
Cann Group takes another step towards phase III CANNABIS facility development

Recent related videos

News video: Jeff Bezos Wants To Always Push For More Innovation With Amazon

▶ Jeff Bezos Wants To Always Push For More Innovation With Amazon 00:35

Despite Amazon's immense success, Amazon CEO Jeff Bezos isn't about to get complacent. And there's a good reason for that. Although Amazon has scored highly in recent studies of customer feedback, he..
Source: Wochit Business -

News video: Blues over Biloxi looking for sponsors

▶ Blues over Biloxi looking for sponsors

This summer, the Blues over Biloxi air show featuring the U.S. Navy Blue Angels will take flight over Biloxi Beach.
Source: WXXVDT2 -

News video: Amazon Prime 100 Million Subscriptions Cozies Up To Netflix

▶ Amazon Prime 100 Million Subscriptions Cozies Up To Netflix 00:51

Amazon revealed for the first time that the company has more than 100 million Prime members. the revelation came in a letter to shareholders from founder CEO Jeff Bezos that was released Wednesday. The..
Source: Wochit Business -

News video: Prominent Tech Investor Calls For Silicon Valley 'To Wake Up' And 'Act Like Human Beings'

▶ Prominent Tech Investor Calls For Silicon Valley 'To Wake Up' And 'Act Like Human Beings' 00:53

Business Insider reports that MG Siegler, a prominent tech investor with GV, formerly known as Google Ventures, described in a blog post this week what he describes as a disturbing trend among people..
Source: Wochit Tech -

News video: The Biggest Hair Color Trends For 2018

▶ The Biggest Hair Color Trends For 2018 01:34

Booking color appointments ASAP.
Source: Southern Living -

News video: Walmart Shakes Things Up With New Dress Code

▶ Walmart Shakes Things Up With New Dress Code 00:44

Walmart is testing a new dress code in some stores to give workers more clothing choices. The updated clothing guidelines allow employees to wear a wider variety of clothes, many of which were..
Source: Wochit News -

News video: Amazon Tops 100 Million Prime Members Milestone

▶ Amazon Tops 100 Million Prime Members Milestone 02:23

Apr.19 -- Bloomberg Intelligence's Jitendra Waral discusses a milestone for Amazon and possible challenges for the company. He speaks with Vonnie Quinn on "Bloomberg Markets."
Source: Bloomberg Technology -

News video: 2010 U.S. Embassy Pollution Sensor In Beijing Warned Of 'Crazy Bad' Air Pollution

▶ 2010 U.S. Embassy Pollution Sensor In Beijing Warned Of 'Crazy Bad' Air Pollution 00:54

According to a report by Science, in October 2010, while oppressive smog hung over Beijing, the US embassy's Twitter feed claimed that its rooftop pollution sensor had detected "crazy bad" levels of..
Source: Wochit News -

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+