Tag: my pets market

Chewy Connect With a Vet faces criticism, legal hurdles

Kiki,
The Chewy.com application is displayed in the on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Chewythe e-commerce pet-goods giant best known for its convenient auto-ship services and generous return policies, wants to grow its veterinary telehealth service as part of an overall push into health care. While the telehealth service is a small part of the company’s rapidly expanding health offerings, it is important to its strategy. Yet it also faces regulatory obstacles and skepticism from the veterinary community. Longtime veterinarians told CNBC the service can have some benefits for minor situations, or for people who don’t…
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We Think Cronos Group (TSE:CRON) Can Afford To Drive Business Growth

Kiki,
We can easily understand why investors are attracted to unprofitable companies. For example, although Salesforce.com’s software-as-a-service business lost money for years while it grew recurring revenue, if you held shares since 2005, you’d have done very well indeed. But while history lauds those rare successes, those that fail are often forgotten; who remembers Pets.com? So, the natural question for Chronos Group (TSE:CRON) shareholders is whether they should be concerned by its rate of cash burn. For the purpose of this article, we’ll define cash burn as the amount of cash the company is spending each year to fund its growth…
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