Benedict Evans personal blog
Why Amazon Has No Profits
Amazon is a bundle - it’s hundreds of separate businesses, all running on the same common internal platforms. The big, established ones are highly profitable, but Amazon chooses to reinvest those profits into new businesses, so that reported net income for the company overall looks low. This mask
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Linked from 18 Hacker News comments by 17 different people, from Oct 2014 to Dec 2021.
Most recent:
- fractallyte · Dec 11, 2021
- ceejayoz · Nov 30, 2021
- jb775 · Aug 10, 2020
- chrisco255 · Sep 27, 2018
- pvitz · Dec 31, 2017
- alehul · Oct 27, 2017
