Comment on Amazon execs destroyed years of evidence before FTC action, agency says
lutillian@sh.itjust.works 1 year agoBecause 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
ammonium@lemmy.world 1 year ago
Seriousl question, why do they then even bother with the retail platform?
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.
SchizoDenji@lemm.ee 1 year ago
Brand awareness, data metrics, upselling their shitty amazon choice products.