Alza was built for money, Mall for exit. This is a fundamental difference, says Czech e-commerce veteran Dvořáková
Jitka Dvořáková worked for ten years as CEO of one of the largest Czech e-shops CZC.cz. At the end of March, she quit, shut down and travelled for two months. “When you go above and beyond and suddenly have an empty calendar, it’s very strange,” she says of the change, which she says she has been planning since the Mall Group, under which CZC falls, was bought by the Polish group Allegro for the huge sum of CZK 23 billion.
Source hn.cz/alza-byla-budovana-pro-penize-mall-pro-exit-to-je-fundamentalni-rozdil-rika-veteranka-ceske-e-commerce-dvorakova
The Polish owners have a scornful, even arrogant approach to the Czech market. Allegro can destroy Mall, says founder Ondřej Fryc
However, Fryc has now decided to object to this. I’ve heard this narrative a thousand times: that Mall.cz was built on meat, while Alza was built on milk, Fryc refers to a business lesson that works with a beef analogy: that is, you want to sell one company at a profit (on meat) or have it in profit for a long time (on milk). The company is always on milk, it’s just a question of when you have to start milking it, he tells.
Source hn.cz/polsti-majitele-maji-preziravy-az-arogantni-pristup-k-ceskemu-trhu-allegro-muze-mall-znicit-rika-zakladatel-ondrej-fryc