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To my knowledge Amazon never debt financed their ops like this
by toxic72 9mo ago
To my knowledge Amazon never debt financed their ops like this
- oh_my_goodness 9mo agoAmazon did borrow money, for a long time.
- dylan604 9mo agoWhere did their financing come from then?
- samx18 9mo agoThey had a cash-cow called AWS to keep the retail business afloat
- bdangubic 9mo agonot right away
- dylan604 9mo agoSomebody must not be old enough to remember Amazon before AWS. Maybe you also don’t remember that Amazon started selling books before becoming the world’s largest fencing for selling stolen merch. They used to be the butt of many jokes for losing so much money for so many years while they expanded warehouses.
- andy81 9mo agoAmazon paid no dividends, that's their big debt financing.