Re:Amazon to open grocery chain separate from Whole Foods
by ip26 on Friday March 01, 2019 @07:07PM
(#19286524)
Like other sprawling corporations of the past- GE, Sony, Panasonic, IBM, etc- they can sustain losses in a space for years, maybe even decades if they think it will pay off eventually, on the strength of their other businesses. Not needing to make a profit is a powerful position to be in.
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