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They didn't answer one of the most important questions. Why?
by ranguna 4y ago
They didn't answer one of the most important questions.
Why?
- vasco 4y agoThe business is so profitable they can't handle all the cash or have a place to store it.
- input_sh 4y agoIt's owned by Amazon, despite it not being mentioned anywhere on the website.
- dalai 4y agoAmazon cutbacks according to this: https://www.theguardian.com/books/2023/apr/04/amazon-to-close-book-depository-online-shop https://www.theguardian.com/books/2023/apr/04/amazon-to-clos...
- kristopolous 4y agoIt might be a good move for Amazon to roll up retail and just do cloud stuff. That's supposedly where all the money's at. It'd probably improve their balance sheet and public image.
- urthor 4y agoNot at all. Amazon's edge is the cross sell. The Amazon brand is known worldwide because of the retail. The retail business is an extremely valuable behemoth.