This analysis seems pretty shallow. It's interesting that Amazon is losing money in North America. But why? That's clue worth investigating further, not a reason to immediately assume predatory pricing.
It's interesting that Amazon is losing money in North America.
Not even losing money, just lower profits than last year. But apparently it's now evil for companies to invest for the long term rather than boosting their quarterly numbers.
This article should have led with Uber, the author picked only on quarterly YoY and posted a misleading statement about losses, when it was just a decline in income. Yes, very shallow analysis.
Well, given there's shipping costs here blowing out and Prime has been proven to be losing money the more a customer buys, not sure your statement holds up.
I'm certain there's some compelling argument to made about Amazon abusing its market position but this isn't it.
You say "Prime has been proven to be losing money the more a customer buys" like that isn't an obvious consequence of having flat pricing for shipping. The idea that Prime and Amazon's shipping as a whole are a loss leader isn't a new insight.
Even if they don't, Amazon's still huge here. According to my annual income, I am in the top 0.2% of Indians, but there are 13 million Indians who earn more than me. I bet at least they are using Amazon as much as me and my friends.
Not even losing money, just lower profits than last year. But apparently it's now evil for companies to invest for the long term rather than boosting their quarterly numbers.