- Any idea by when Germany operations could achieve profitability like UK operations?
- Why profitability of the US operations is almost like UK operations although its opportunity size and household penetration are way higher, 7x and 3x respectively?
Data for reference:
- E-tailing Opportunity size: $14- $15 bn (US @ 74mn HH) | $2- $2.5 bn (UK @ 27mn HH) | ~$2.7 bn (Germany @ 40mn HH) – 141 million households across US, UK and Germany
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