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A comment on SoftBank Plans a New $200B Fund. Parent comment

Re:SoftBank Plans a New $200B Fund by rattray on Monday October 23, 2017 @02:46AM (#15531172)
Interesting. Why is AMZN's retained earnings so low then? Do they not make much revenue overseas? Do they struggle to raise bonds at low rates? Are they simply able to deploy tax strategies unavailable to GOOG/FB?
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Re:SoftBank Plans a New $200B Fund by Ant5do on Monday October 23, 2017 @07:19AM (#15532282)
Amazon's operating expenses are significantly larger than Google/FB.

THis means they've never earned a significant amount of cash net of operating expenses

They've also dumped a ton of money into capex, even still I don't think Amazon has ever gotten close to the retained earnings of any of the other four companies.

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Re:SoftBank Plans a New $200B Fund by josh2600 on Monday October 23, 2017 @06:53AM (#15532169)
It's right there in Bezos shareholder letter, the same one he's published every year since 1997. They haven't killed Walmart yet so they have to keep spending to catch up on infrastructure. Google and FB have a comparatively lower need for infrastructure.
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