4 ms·
You think Amazon would not be profitable if there were no counterfeits?
by smabie 6y ago
You think Amazon would not be profitable if there were no counterfeits?
- throwaway_kufu 6y agoIsn’t true they never turned a profit until AWS? I wonder if the online marketplace by it self still doesn’t turn profit. Probably impossible to figure out with additions of services like Prime and Amazon Fresh.
- dharmab 6y agoFor most of its history Amazon reinvested all of its excess revenue; the "Amazon wasn't profitable" soundbite is misleading. Amazon made money, and spent it on buying and building more Amazon instead of distributing dividends to shareholders. On paper that is "zero profit" _for shareholders_.