Comment on Amazon execs destroyed years of evidence before FTC action, agency says

• lutillian@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  Because they sell the bulk of their products at a loss. They use their webservices platform to bankroll their retail platform so they can undersell even Walmart. Some years it dies turn a slight profit but generally it’s fairly negative but no matter what it doesn’t offset the pure profit that is the web services division. ir.aboutamazon.com/…/default.aspx

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  • ammonium@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Seriousl question, why do they then even bother with the retail platform?

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    • lutillian@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      If I had to guess, to achieve the ultimate conclusion of the Walmart plan, squash every other retailer in the nation and then raise prices.

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    • SchizoDenji@lemm.ee ⁨1⁩ ⁨year⁩ ago

      Brand awareness, data metrics, upselling their shitty amazon choice products.

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