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If the business generated $1B last quarter, isn't that a $4B business?
by umeshunni 9y ago
If the business generated $1B last quarter, isn't that a $4B business?
- wpietri 9y agoExcellent point. The article was kinda hazy, but the original Amazon press release is here, and it confirms your take: http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=2311817 http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-new...
- dang 9y agoWe've taken taken the hard number out of the title above to side-step the possible inaccuracy.
- rdslw 9y agoMeaning its only 2x smaller than worldwide facebook (ad) business, while growing at 50%. Conclusion: alibaba & aliexpress are the real kings, forget about amazon.