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The Politics of Verticalization
Amazon is a brilliant case study of kind of semi-conglomerate through verticalization. Amazon's margin on a profit margin on e-commerce is way for thing. So it's just quite an interesting way, you know, you can do it well and you can certainly do it badly. Well, let's shift across from China. Let's bring it home. And I guess we're going to have one foot still a little bit over in the far East with the fact that Bodephone and three merging. Maybe we'll touch on this not immediately, but C.K. Hutchinson is a Hong Kong based business.
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