3 ms·
Yes. Scooping up user data is just another revenue stream. That is the point.
by dfxm12 1y ago
Yes. Scooping up user data is just another revenue stream. That is the point.
- mschuster91 1y agoParticularly for airlines. For years actually flying passengers hasn't been profitable, it's all about side income that makes a profit [1]. [1] https://www.investopedia.com/the-four-biggest-us-airlines-all-lost-money-flying-passengers-last-year-8781856 https://www.investopedia.com/the-four-biggest-us-airlines-al...
- canucker2016 1y agoThere's a YouTube video that talks about how valuable the major US airlines reward program is. The market cap of each airline is less than the value of each airline's reward program at the time the video was made. I recall Apple was valued in a similar manner back in the late 1990s. Their market cap was barely more than cash on hand. Talk about missed investing opportunities... Not that I'm saying airlines are the next AAPL. edit - here's the video - "How Airlines Quietly Became Banks" - https://www.youtube.com/watch?v=ggUduBmvQ_4 https://www.youtube.com/watch?v=ggUduBmvQ_4