4 ms·
> keep dumping $500M/yr for it at a loss or what? I think building Amazon wasn't cheap too. Amazon made losses for most of two decades straight, so Walmart dum
by Maarten88 10y ago
> keep dumping $500M/yr for it at a loss or what?
I think building Amazon wasn't cheap too. Amazon made losses for most of two decades straight, so Walmart dumping massieve money into building a competitor, with the insights of today, might still be cheap, relatively.
- sjg007 10y agoAll shopping is going to be online and delivered for the same price as going to a big warehouse store. With the dash buttons and the third party integration Amazon is too big to ignore.
- rpgmaker 10y agoAmazon turned a "small" profit just the other day. Overall I think it's still fair to categorize it as a money losing venture (so far).
- gscott 10y agoWalmart being a established multi-national company they can't really have unprofitable divisions or unprofitable quarters. This will be equivalent to Yahoo's Tumblr acquisition (a failure).... no amount of heads exploding blue dust will save this.