United States  Video

“America'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

Amazon reportedly considering tie-up with home shopping network Evine Live

Amazon.com (NASDAQ:AMZN) is reportedly interested in widening its reach into television home shopping and is said to be in acquisition talks with Evine Live...
Proactive Investors - BusinessAlso reported by •bizjournalsSFGate

Amazon Launches In-Car Delivery For Prime Members

SEATTLE (dpa-AFX) - Amazon.com Inc. (AMZN) today announced that Amazon Key, the service that already enables in-home delivery and keyless guest access, now gives...
FinanzNachrichten.de - MarketsAlso reported by •Proactive Investors

Home Depot takes on Amazon with 1,000 tech-jobs expansion

Home Depot Inc. (NYSE: HD) will add about 1,000 tech jobs as part of a $11.1 billion three-year strategic investment plan. The expansion positions the...
bizjournals - Business

UnitedHealthcare, pharmacy firms to benefit as Amazon shelves drug-selling plan, analyst says

Pharmacy-benefit managers such as UnitedHealthcare Group Inc.’s (NYSE:UNH) Optum RX are poised to benefit from Amazon.com Inc.’s (NASDAQ:AMZN) withdrawal...
Proactive Investors - Business

Amazon.com unit abandons plan to sell pharmaceutical products, CNBC says

Amazon.com Inc.'s (NASDAQ:AMZN) Business unit, which sells bulk items to companies, has abandoned a plan to sell pharmaceutical products after weighing it last...
Proactive Investors - Business

To beat porch thieves, Amazon slips packages in car trunks

(Reuters) - Not content to stop at slipping packages inside customers' front doors, Amazon.com Inc on Tuesday started a new program to deliver packages to its...
Reuters - Internet

Roku shares fall after Amazon and Best Buy smart TV partnership

Shares of Roku Inc (NASDAQ:ROKU) fell sharply in afternoon trading after Best Buy Co Inc (NYSE:BBY) and Amazon.com Inc (NASDAQ:AMZN) announced a deal on smart...
Proactive Investors - Business

Cardinal Health stock up on news that Amazon will stay away from shipping drugs

Several healthcare company stocks spiked Monday on news that Amazon.com Inc. wouldn’t be shipping pharmaceuticals. CVS (NYSE: CVS) was up over 6 percent Monday...
bizjournals - Business


Tweets about this


Other recent news in Business

A Facebook bear outlines 2 big risks to watch ahead of EARNINGS (FB)Earnings reports lift STOCKS; 10-year yield hits 3 percent
Amazon is hiring more foreign H-1B workers than Google and FACEBOOK combined (AMZN, FB, GOOG)Earnings galore; SPOTIFY announcement; Wells Fargo anger
Investment management giant chooses Austin over Dallas for third U.S. OFFICEHere are Greater Cincinnati hospitals' latest patient SAFETY scores

Recent related videos

News video: Amazon Aims To Put A Package In Your Trunk

▶ Amazon Aims To Put A Package In Your Trunk 00:52

Amazon Amazon can now deliver packages directly to the trunk of a car for owners of Volvo and GM models with an active Volvo On Call or OnStar subscription. The service is known as Amazon Key In-car..
Source: Wochit Business -

News video: Biswal, Duggal on Amazon's Hurdles to Entry in India

▶ Biswal, Duggal on Amazon's Hurdles to Entry in India 01:41

Apr.24 -- U.S.-India Business Council President Nisha Biswal and Engineer AI Founder Sachin Dev Duggal discuss the hurdles to entry for Amazon in India. They speak with Bloomberg's Alix Steel and David..
Source: Bloomberg Global Business -

News video: Amazon may be building robots, and hackers target medical equipment

▶ Amazon may be building robots, and hackers target medical equipment 01:00

Today's major tech stories include Amazon's possible secret entry into home robotics, a hacker crew going after American medical equipment, and Alphabet's better-than-average earnings report.
Source: CNET - Affiliate -

News video: Inside Amazon's Possible Plan to Build a Domestic Robot

▶ Inside Amazon's Possible Plan to Build a Domestic Robot 02:29

Apr.23 -- Bloomberg's Mark Gurman reports on Amazon's secret plan to build domestic a robot. He speaks on "Bloomberg Daybreak: Asia."
Source: Bloomberg Global Business -

News video: 'Founder Power'Important for IPO, Says Triton Research CEO

▶ 'Founder Power'Important for IPO, Says Triton Research CEO 03:33

Apr.23 -- Rett Wallace, Triton Research CEO joined to discuss how investors can evaluate tech IPOs. Rett said he's not sure the IPO market is sustainable given it's 40% higher than last year's..
Source: Bloomberg Global Business -

News video: Amazon’s To Be Creating Home Robot

▶ Amazon’s To Be Creating Home Robot 00:44

Amazon’s To Be Creating Home Robot
Source: Wochit Tech -

News video: When Will Amazon's Top-Secret Domestic Robots Be in Consumer Homes?

▶ When Will Amazon's Top-Secret Domestic Robots Be in Consumer Homes? 01:57

Apr.23 -- Bloomberg's Gerritt DeVynck discusses the difference between Amazon's warehouse robots that move merchandise around its fulfillment centers and the domestic robots it is said to be designing..
Source: Bloomberg Technology -

News video: Amazon Expands D.C. Lobbying Influence as Business Grows

▶ Amazon Expands D.C. Lobbying Influence as Business Grows 03:22

Apr.23 -- David Kirkpatrick, founder and chief executive officer at Techonomy, and Bloomberg's Ben Brody discuss Amazon's lobbying influence and impact in Washington. They speak on "Bloomberg Daybreak:..
Source: Bloomberg Technology -

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+