Dean gets the misleading label for stringing us along with the 1 million case supplier
Leakage must be a serious enough issue if they've dropped their fees from 5% to 1%
They blamed warehouse staffing shortages for capping order capacity. Just more excuses really.
At the end of the day, these excuses are best case scenario because the alternative explanation for the GMV decline is that growth has stalled.
They failed to get buyers to engage with the platform and failed to sign up enough new buyers to continue growth.
This was our first real opportunity to see organic growth from Kaddy and it went backwards.
There's an abundance of excuses so pick your poison.
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