this post was submitted on 03 Nov 2023
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Amazon made $1 billion through secret price raising algorithm -US FTC (www.reuters.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 1 year ago (3 children)

Do you mean Amazon the website? Surely they were making money somehow…

[–] [email protected] 6 points 1 year ago

It means for the first 20 years they spent all of their profit on expansion / R&D

[–] [email protected] 4 points 1 year ago

profit =/= revenue