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Amazon and e.g Google are not peers. The vast majority of Amazons business is retail, not tech.
by dahfizz 7y ago
Amazon and e.g Google are not peers. The vast majority of Amazons business is retail, not tech.
- jjeaff 7y agoThat's up for debate. Of the revenues that are reported under Amazon retail, a significant portion (some estimates say way more than half) are fees collected from 3rd party sellers using both the online platform and physical warehousing services. I would argue that portion of their retail revenue is much closer to tech than retail, considering the margins are comparable to tech companies.