【Overstock是哪个国家的品牌？】

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英文翻译：Founded in 1999, overstock, a well-known online shopping website in the United States, a world-famous online tailstock processing company, is a listed company that sells the tailstock of brand discount goods online. It went online in 1999. Overstock mainly sells household goods, jewelry, electronic products, clothing, books, and audio-visual products. While providing consumers with cheap brand products, overstock also handles the headache tail goods for its suppliers. The company has established good relations with Sony, HP and other suppliers. The company uses overstock.com (U.S.) and its short domain o.co (International) platform to sell products. At the same time, the company has set up o.info website as a website for product reviews and purchase guidance. In addition, the company also has automobile (annual profit of about $1 million, which is a subsidiary business beneficial to the company's main business and customer demand), tourism (connected with Priceline website, basic profit and loss balance), insurance (basic profit and loss balance), B2B and other businesses. In the tail market, the original supply and demand are extremely decentralized, and the search cost of both sides of the transaction is also high: the buyer needs a lot of effort to find the seller who sells the goods he likes, and the seller is also difficult to find the right buyer for the hard to sell goods through their own channels. Overstock's use of the Internet platform to connect suppliers and customers has become very popular with buyers and sellers: suppliers benefit from this quick and convenient clearing channel, while customers can buy brand goods cheaply without leaving home. With the gradual acceptance of online shopping by customers, the demand for clearance commodities will continue to grow in the future. As a leading enterprise in the industry, overstock will benefit from the growing demand preferentially. However, the competition in this industry is also increasingly fierce. Amazon and eBay in e-commerce, Wal Mart in physical stores, smartbargins, rue Lala and giltgroupe are all strong competitors of overstock. As a result of these competitions, overstock's net profit margin remained at a very low level and even lost money for a long time.

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