If they didn’t have fortnite and unreal engine money propping them up it would have closed by now. Hasn’t been profitable since it opened in 2018.
Epic approach is the typical venture capitalist run company approach of running at loss then once they get market share start jacking up the prices.
Can’t really trust a company until they are actually profitable with a functioning sustainable business model. We’ve seen it time and time again where even Facebook launched without ads and look at it now.
Stern@lemmy.world 9 hours ago
SkunkWorkz@lemmy.world 8 hours ago
If they didn’t have Fortnite they probably wouldn’t even have the money to dump into Unreal Engine to make it where it is today. They probably would ask Tencent for more money and Tencent would have bought the rest of the company. The game engine business is just not as profitable as Fortnite, just look at Unity.
BilboBargains@lemmy.world 6 hours ago
There’s an argument for using these services in the early stages because they often operate at a loss in the hope that they will secure a monopoly in the future. The trick is to immediately abandon them when they jack the price up. I recently heard that in the food delivery space virtually no one is turning a profit.
Nugscree@lemmy.world 6 hours ago
Even worse, it’s costing the food places you order from money. We have a lot of restaurants here that will give you free stuff if you do not use Thuisbezorgd which is owned by Just Eat Takeaway. They also own the American Grubhub since 2021 and are also active in the UK, Germany, Canada and the Netherlands.
dreamkeeper@literature.cafe 1 hour ago
Why would a restaurant allow delivery services if it causes them to lose money?
Tattorack@lemmy.world 4 hours ago
As of late 2025, Just Eat now belongs to Prosus.