http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-no-profits-and-why-it-works
This is more of a business culture observation. Amazon is one of the most revered companies today and hugely successful. Many people take issue with some of their approaches to handling suppliers, but that is true of any successful retailer. Others are puzzled by the fact that they seem to hardly turn any profit. Benedict Evans, one of the best analysts around, has a very interesting take on the reasons for this and why it is intentional.
http://ben-evans.com/benedictevans/2014/9/4/why-amazon-has-no-profits-and-why-it-works
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