3 ms·
This is generally false. Amazon has lost money in North America every quarter this year as part of a pandemic hangover (they over invested in warehouses). Prior
by benced 4y ago
This is generally false. Amazon has lost money in North America every quarter this year as part of a pandemic hangover (they over invested in warehouses). Prior to Q4 2021, their North American segment was profitable.
- deathanatos 4y agoIf I Google "how much does amazon make on shipping", of the results on the first page that contain the statistic we're looking for, all of them indicate Amazon is losing money on shipping. [1]: https://www.statista.com/statistics/236503/amazons-annual-shipping-revenue-and-outbound-shipping-costs/ https://www.statista.com/statistics/236503/amazons-annual-sh... [2]: https://www.geekwire.com/2017/true-cost-convenience-amazons-annual-shipping-losses-top-7b-first-time/ https://www.geekwire.com/2017/true-cost-convenience-amazons-... [3]: https://www.practicalecommerce.com/will-amazon-convert-shipping-expense-into-profit https://www.practicalecommerce.com/will-amazon-convert-shipp... although it notes that you can change what numbers one uses and lie with statistics