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You're missing the lede: > The business generated $300 million in revenue in the 2024 fiscal year, down from a reported $2 billion in 2022 Followed closely by
by vineyardmike 2y ago
You're missing the lede:
> The business generated $300 million in revenue in the 2024 fiscal year, down from a reported $2 billion in 2022
Followed closely by news that they shut down in Europe over European data laws, and they're the focus of class action law suits over their data privacy policies.
They also spent billions buying their way into this business, so its not clear that $2Bn/yr in revenue was ever profitable after accounting for their costs for prior acquisitions.