3 ms·
Because there's no money in it? Either you compete with them by lowering your prices to match (in which case you're almost making no profit, and probably a los
by AndrewDucker 13y ago
Because there's no money in it?
Either you compete with them by lowering your prices to match (in which case you're almost making no profit, and probably a loss), or everyone ignores you and buys from Amazon.
- isaacb 13y agoThe post doesn't mean why aren't there more ecommerce giants, but rather why don't more big companies aggressively reinvest their income into growth and to enter new markets rather than hoard cash just to satisfy stockholders.