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A comment on Financial Misstatements. Parent comment
1. You have switched the terms in your amazon example. Amazon uses GMV for 1st party and revenue (its cut of GMV) for 3rd party marketplace.
2. Why would you have flash ownership in a dropship model? Seems to me that would be a regular wholesale/retail model not dropship.
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1. You have switched the terms in your amazon example. Amazon uses GMV for 1st party and revenue (its cut of GMV) for 3rd party marketplace.
2. Why would you have flash ownership in a dropship model? Seems to me that would be a regular wholesale/retail model not dropship.