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A comment on Bezos donates $100M each to CNN contributor Van Jones and chef Jose Andres. Parent comment

Re:Bezos donates $100M each to CNN contributor Van Jones and... by pb7 on Wednesday July 21, 2021 @05:19PM (#27912350)
What you say is true but they're just passing those subsidies on to their customers (the majority of the US). And they're still paying a significant amount contrary to the very popular belief, even if it's not proportional to the consumption which I agree with you on.

Amazon e-commerce is not all that profitable. Most of Amazon's value comes from AWS.

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Re:Bezos donates $100M each to CNN contributor Van Jones and... by caeril on Wednesday July 21, 2021 @07:26PM (#27913446)
> Amazon e-commerce is not all that profitable. Most of Amazon's value comes from AWS.

AWS represents 43% of net profit, per the most recently posted quarter. It used to be on the order of 75%, but pandemic-related demand for physical products changed all that.

Retail is back, baby.

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