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Wasn't AWS the only profitable part of Amazon, and was propping up their retail section so they could spend money on customer acquisition? Pretty sure I remembe
by hacym 6y ago
Wasn't AWS the only profitable part of Amazon, and was propping up their retail section so they could spend money on customer acquisition? Pretty sure I remember reading about this strategy -- they basically used it as a way to make it possible to undercut competitors and do things like taking a loss on shipping without basically going broke.
- josefx 6y agoYes and almost exactly what the article claims. Only it goes a step further to imply that Amazon is loosing money on other products to encourage AWS adoption. Not sure how the other comment interprets it as "AWS is loosing money".