Re:Amazon.com Announces Second Quarter Sales Up 20%
by jjeaff on Friday July 26, 2019 @12:46AM
(#20532414)
That's up for debate. Of the revenues that are reported under Amazon retail, a significant portion (some estimates say way more than half) are fees collected from 3rd party sellers using both the online platform and physical warehousing services.
I would argue that portion of their retail revenue is much closer to tech than retail, considering the margins are comparable to tech companies.
I would argue that portion of their retail revenue is much closer to tech than retail, considering the margins are comparable to tech companies.