The enablers of eCommerce like Flash, aCommerce, 2c2p, or JD Logistics are the ones who can seriously profit from the eCommerce growth. The eTailer segment is rather low or no margin in the long run.
The other interesting aspect is that the 800-pound gorilla in the industry is less technical, less scalable, and has less AI than Flash Thailand. This includes an excerpt of an interview with me as well.