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How much do you think is being spent on Eats, Freight, Elevate and ATG? If that figure is more than $1 billion a quarter, the answer is yes. How much does Crui
by malandrew 8y ago
How much do you think is being spent on Eats, Freight, Elevate and ATG? If that figure is more than $1 billion a quarter, the answer is yes.
How much does Cruise or Waymo burn per quarter? That might give us an idea of the ATG part. How much does Convoy burn? That might give us the Freight parts. No clue how we might estimate Elevate and Eats.
That said, it's worth looking at how Amazon is doing overseas these days:
https://www.fool.com/investing/2018/03/19/why-amazon-is-still-losing-money-abroad.aspx https://www.fool.com/investing/2018/03/19/why-amazon-is-stil...
This is why growth abroad matters:
https://www.gapminder.org/fw/income-mountains/ https://www.gapminder.org/fw/income-mountains/
Everyone bloviating with their personal ridesharing anecdotes is missing the bigger picture.