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by dagw 1867 days ago
Elsevier is a pretty big company offering lots of different products and services[1]. I suspect even Elsevier is smart enough to see that the current publishing business isn't sustainable and are trying to pivot into something else. The profits from their publishing arm (which is undoubtedly a lot more than 38%) is no doubt financing a lot of that pivoting

[1] https://www.elsevier.com/solutions