Amazon has become an eCommerce giant valued at $880 billion but many critics of the company will bring up that Amazon doesn’t actually make a profit. Alex digs into the numbers debunking the myth that Amazon doesn’t make money and explains why free cash flow is important to look at when evaluating the company.
This is an excerpt from episode 50 of Winner Take All. Watch the full episode here: youtu.be/l7bsnT01qRw
Amazon’s tiny profits, explained: www.vox.com/recode/2019/8/21/20826405/amazons-profits-revenue-free-cash-flow-explained-charts
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Winner Take All