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There are no profits. Amazon loses money in europe
by saddlerustle 5y ago
There are no profits. Amazon loses money in europe
- nprateem 5y agoDream on
- Traster 5y agoOk, so when are they going to stop operating in the market then? They're consistently losing money they should just shut down right?
- Asdrubalini 5y agoNot necessarily, it depends on their strategy for the future.
- brainwad 5y agoThey need to operate AWS in Europe in order for AWS to be competetive - you can't run a cloud just in the US. It could be unprofitable indefinitely, but so long as the US business makes enough to cover the losses, it's fine. As for retail - generally their retail segments start out unprofitable but eventually turn a profit. Amazon is in it for the super-long game, they didn't make an overall profit for 20 years and Bezos is against paying dividends to investors when the money could be reinvested.
- saddlerustle 5y agoNo, they are making capital investments in order to make more money in the future. They still have huge opportunity to expand their operations in europe.
- me_me_me 5y agoIf I make 100m in profits and then hire an 'advisor' that will help me improve my business for 100m, who happens to be working out of tax haven and also works for company I own. My company made 0 profits and I have 100m in my tax haven accounts. Of course this is a hyperbole but you get the point.