It’s part of normal discussion in Silicon Valley to claim that Amazon makes no money, or even loses money, in the pursuit of growth. But it’s a trope Amazon bucks on a regular basis for two reasons: It doesn’t have to lose money on large chunks of its business in the name of growth anymore. It has recently (in terms of the life of its business) added a new operating unit… Read More
from Amazon – TechCrunch https://techcrunch.com/2017/08/28/the-muted-impact-whole-foods-may-have-on-amazons-bottom-line/?ncid=rss
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