I view Amazon like I view Square - the value doesn't come just from the profit, but from their market dominance. Square is raising so much funding without reach

I view Amazon like I view Square - the value doesn't come just from the profit, but from their market dominance. Square is raising so much funding without reaching a break-even point because international dominance in finance is a highly lucrative position to be in. Likewise, Amazon is still making money - just not much compared to the amount of merchandise they sell. The value comes from the concept - Amazon is redoing supply chain, and with same-day deliveries coming to the USA soon, the value is in Amazon gaining marketshare such that they both increase sales and increase margins.