Weekly

Weekly

#issue17 #tech
Why Amazon Has No Profits — Benedict Evans
Why Amazon Has No Profits — Benedict Evans
Amazon is a bundle - it’s hundreds of separate businesses, all running on the same common internal platforms. The big, established ones are highly profitable, but Amazon chooses to reinvest those profits into new businesses, so that reported net income for the company overall looks low. This mask
·ben-evans.com·
Why Amazon Has No Profits — Benedict Evans