2 ms·
Which is frankly ridiculous for a company with a yearly revenue of about $500bn and a growth rate topping 10%, even at that scale.
by oblio 4y ago
Which is frankly ridiculous for a company with a yearly revenue of about $500bn and a growth rate topping 10%, even at that scale.
- lotsofpulp 4y agoRevenue is not the whole picture either, or growth rate. If it is all loss making or tiny low single digit profit margin, then a $10B loss is still a $10B loss.
- oblio 4y agoAmazon is making money, it's only lost a small amount over its entire lifetime. Several of its divisions are making a ton of money and even retail could be making more, but it's constantly reinvesting to grow + it's a loss leader.