We have control over inventory, but it's to a degree where we need our merchants to decide on their own. We operate calld a fulfilled by itolic network, which very literally is just like a network of warehouse partners. On the flip side, what we also do is a lot of cross parter fulfilment. That mean that if i buy the puffer jacket, it comes directly from china to me on a come lit warehouse somewhere in Europe or Asia. Those ave all gone up as well.
First, Jason breaks down Facebook's Q3 earnings, including: growing revenue and profits, slowing user growth, AR investment and its new reporting structure (2:00). He also covers Facebook's potential rebrand as a metaverse-focused company and its declining usage amongst US teens and young adults. (11:35) Then, Italic's Jeremy Cai joins the show to discuss his innovative new e-commerce concept, ruffling feathers with incumbents, supply chain insights, and more! (25:58)