I think your muddying sustainable and successful. It definitely can be successful, but its not sustainable.
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einkorn@feddit.org 1 month agoI’d argue it is.
Just look how Amazon got where it is now: Sell way under market price, till local competition closed shop, then squeeze.
CameronDev@programming.dev 1 month ago
einkorn@feddit.org 1 month ago
CameronDev@programming.dev 1 month ago
Sustainable implies that they can keep doing it forever without changing. Switching later means what they are doing is not sustainable. It might be successful, but its not sustainable.
homesweethomeMrL@lemmy.world 1 month ago
There’s sustainable practices and sustainable businesses. The latter is what others are arguing. Undercutting competition to take over a market is a sustainable practice IF you can hold out long enough. I’d wager the country of China can hold out longer than General Motors.
Gigasser@lemmy.world 1 month ago
It might just be that, since BYD is serving such a large domestic market/population, that allows them to have cheaper cars? Something something, economies of scale. I’m no expert though.
einkorn@feddit.org 1 month ago
There is a limit to that effect, though. And most observers agree that the state is subsidizing heavily.
jaxxed@lemmy.ml 1 month ago
BYD is already facing scrutiny for running Evergrande like accounting, and a lot of political pressures from other Chinese manufacturers. The risk is that they collapse like Evergrande, and that they drag public debt into it. The CCP might prop them up, so it light be safe. A car is different from a book, because you need lifetime service for it. If they go under, you might lose access to parts.
Ulrich@feddit.org 1 month ago
You forgot the part where they raised prices on everything.
einkorn@feddit.org 1 month ago
frezik@lemmy.blahaj.zone 1 month ago
It’s unsustainable to keep prices lower than costs. The Amazon example didn’t have low prices forever.
einkorn@feddit.org 1 month ago
Yes, I know. That’s why BYD is going to
then squeeze
the customers once they are locked in.Ulrich@feddit.org 1 month ago
Thus, not sustainable, as I said.
Taldan@lemmy.world 1 month ago
It worked for Wal-Mart
Tiger666@lemmy.ca 1 month ago
What is sustainable in today’s economy?
Really, what Western corporation actually base their policies on sustainable growth?
Take your time. I’ll wait.
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