Re:Black Friday/Cyber Monday Live Map
by ksec on Friday November 26, 2021 @04:31AM
(#29348708)
Every time I checked I thought they were over valued. $200B! But P/E is only 60, and they are still growing. This makes Tobi net worth higher than Jack Dorsey.
Then I looked at revenue was only ~4 billion. Something doesn't add up. Turns out they have ~$3B from Gain on Sale of Security.
Re:Black Friday/Cyber Monday Live Map
by boringg on Friday November 26, 2021 @09:24AM
(#29350408)
They also have investments in a bunch of tech companies and are moving into a lot of different markets. Wallstreet likes to look at the GMV which is second only to Amazon for gross merchandise volume sold on a platform.
Then I looked at revenue was only ~4 billion. Something doesn't add up. Turns out they have ~$3B from Gain on Sale of Security.