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by jsperson
3372 days ago
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One of the things about Amazon - they really don't make money. Actually, they are profitable, but only microscopically. All of that great stuff that we get shipped for free with 5% back costs a lot of money. The business model is to crush the competition then profit. |
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http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-n...
http://ben-evans.com/benedictevans/2013/8/8/amazons-profits