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Are the subsidies a part of "sales & marketing"? I remember the Uber IPO doing some thing similar, as the subsidies were "promotions".
by karpierz 6y ago
Are the subsidies a part of "sales & marketing"? I remember the Uber IPO doing some thing similar, as the subsidies were "promotions".
- JAlexoid 6y agoSubsidies and promotions generally fall under marketing. generally in business management practices, not necessarily in financial reporting.
- xmprt 6y agoWe're talking about financial reporting right now so the statement in your comment is pretty misleading.
- rockinghigh 6y agoThere are two ways to lower price. Via a promotion, it falls under "Sales & Marketing". If you just show a lower price without any indication of sale/promotions/coupon, it does not.