4.2 • 5.3K Ratings
🗓️ 29 April 2024
⏱️ 20 minutes
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0:00.0 | Our colleague Dana Matioli has spent months reporting on a company that you've probably never heard of. |
0:11.0 | Big River Services International. It sells products on sites like eBay, Shopify, and Amazon. |
0:17.0 | Things like beach chairs and walks and industrial-sized tubs for food. |
0:25.0 | On its face it looks just like a mom and pop or a small business that's selling their |
0:29.0 | goods. |
0:30.0 | If you go to Big River's website and click on the who we are section, it doesn't actually say much about who they are, |
0:37.0 | just that they're entrepreneurs, thinkers, marketers, and creators. |
0:41.0 | It's like very much boilerplate, |
0:44.5 | like it looks like a WIC site |
0:46.4 | that was thrown up in like 20 minutes. |
0:48.6 | There's some like typos. |
0:50.8 | They spell Seattle wrong in one instance. |
0:53.0 | So why have you been paying attention to this relatively generic looking company? |
1:00.0 | So it looks like totally benign and not very sophisticated at first glance, but I learned a few months ago that this actually isn't just some small third-party seller or mom and pop. |
1:16.2 | This is a shell company created by Amazon. The purpose of the shell company to gather intelligence on its rivals. Sensitive information, pricing information, things of that nature, and fed it back to |
1:28.0 | Amazon senior leaders to incorporate into their own businesses. |
1:40.0 | Welcome to the Journal, our show about money, business, and power. I'm Ryan Knutzen. |
1:41.0 | It's Monday, April 29th. |
1:47.8 | Coming up on the show, |
1:49.2 | Inside Amazon's top secret project curiosity. This episode is brought to you by Empower. |
2:05.0 | If you're like most people, you've had your fair share of financial questions. |
2:09.0 | Questions like, will you be able to afford a third kid? |
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