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Amazon has gone very long stretches without making money, too. They're still a trillion-plus dollar company and nobody seems to care.

I was under the impression that the markets that are mature for Uber were profitable, and they've been plowing capital into growth, hence the losses. Feel free to correct me if you have sources that show otherwise.



You’re being downvoted because this is a commonly quoted and false claim about Amazon; here’s some reading on free cash flow vs. profits that will explain it better than I can:

https://www.vox.com/recode/2019/8/21/20826405/amazons-profit...

Bezos has been clear from the start that he’s optimizing for FCF instead of profitability, you can read his early shareholder letters to see this.

In summary though, Amazon has been “making money” for ages, they just reinvest it in R&D so it doesn’t make it down to the bottom line.




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