Amazon Retail has yet to spring a profit and its side businesses are keeping it afloat.
In 2021 if not for the advertising business they would’ve lost over $20 billion.
Before you tell me I can’t pick apart the businesses, bear in mind that the advertising business cannibalizes Jeff Bezos customer first focus for the sake of profits which he didn’t want to be judged by.
Whole Foods seems to be stagnant, and Amazon Fresh early reviews are abysmal both on the experience and performance side.
Why don’t they just invest it and juice profits?
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