Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
18 Nov 2024 Acquired IKEA
“Not to mention, at this point, IKEA, I think 10% of their furniture is actually made in-house at IKEA.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 Nov 2024
- Publisher
- Acquired
- Episode
- IKEA
Transcript context
…It’s funny. I’m thinking through that now. Yes, Amazon definitely has furniture. Amazon is more or less global, more so every day. But there’s a supply side scale economies moat here for IKEA, which is if you’re Amazon, even if you’re just a retailer, you’re not designing or sourcing any of this furniture yourself, how on earth are you going to do the logistics around the world in the way that IKEA does? Not to mention, at this point, IKEA, I think 10% of their furniture is actually made in-house at IKEA. They own their own manufacturer. Specifically they own their own manufacturing for their highest volume and most strategic products, for the hotdog products.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.