Currently they are throwing money onto the fire. Almost all of them are not just unprofitable. They are abysmally unprofitable.
The only reason they are raising prices is to try and recoup some of the ongoing operational costs. In the end it will only be Google left standing because Google has unlimited money, and they can price dump indefinitely long, and offer most things for free.
The only reason they are raising prices is to try and recoup some of the ongoing operational costs. In the end it will only be Google left standing because Google has unlimited money, and they can price dump indefinitely long, and offer most things for free.