News for hackers. Stuff that matters.

A comment on Buy Now, Pay Later Helps JAB Billionaires Build Beverage Empire.

Re:Buy Now, Pay Later Helps JAB Billionaires Build Beverage ... by Cw67NTN8F on Tuesday February 20, 2018 @04:22PM (#16424319)
TL;DR After nestle they are the largest buyers of coffee beans so they act like Walmart. But they pay interest, at European rates (very low.)

$58 BILLION...in six years. It might not end well. A small hiccup at those numbers can kill you.

[ Parent | on HN ]
Re:Buy Now, Pay Later Helps JAB Billionaires Build Beverage ... by fiveFeet on Tuesday February 20, 2018 @05:40PM (#16424940)
Thank you. I wish there is an automated way to get a "TL; DR" version of a page. These bloomberg, wsj, nytimes articles are lengthy with very little useful information.
[ Parent | on HN ]