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  "documentTitle": "Kornit Digital Ltd. (KRNT)",
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  "authorName": "Ben Axler",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-05-07 00:00:00",
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  "pageNumber": 32,
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  "notes": "Uses a screenshot of a job posting as evidence of Amazon's expansion.",
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      "text": "According to an expert, due to nationalistic pride of wanting to partner with Amazon, we believe there will be fiercer competition resulting in: 1) Lower margins to Kornit or, 2) A complete loss of the business to a Japanese firm with more local resources.",
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      "text": "Amazon job posting for Head of Project Manager for JP New Business",
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      "text": "The principal competition for our digital printing systems comes from manufacturers of analog screen printing systems, textile printers and ink... We also face competition in this market from Brother International Corporation, Seiko Epson Corporation, Ricoh Company Ltd.",
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      "text": "Spruce Point has learned through investigative research that Amazon by Merch is moving to Japan. This presents a major issue for Kornit, because some of its biggest competitors, Brother, Seiko and Ricoh, are located in Japan.",
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      "text": "Source: Amazon job posting on Linkedin And Reddit Blog",
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      "kind": "source-note",
      "text": "Source: Kornit 2018 Annual Report. Note: Competitors underline were recently added",
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      "text": "With Amazon Merch Moving To Japan, Kornit Is In Trouble With Big Competition",
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