Most tech companies operate at a loss. Amazon still hasn’t turned a profit.
Comment on Twitch Will Shut Down Its Streaming Platform in South Korea
glimse@lemmy.world 11 months agoIt says they operated at a loss in SK. If that’s true, I wouldn’t wanna, either.
WoodlandAlliance@lemm.ee 11 months ago
FeelzGoodMan420@eviltoast.org 11 months ago
What the actual fuck are you talking about? A simple google search shows that Amazon very much makes a profit. Do some basic research first before posting bullshit please.
nave@lemmy.zip 11 months ago
Amazons last financial report has its profit at $10 billion dollars.
iegod@lemm.ee 11 months ago
Wha
schmidtster@lemmy.world 11 months ago
Dang, stores better get rid of their loss leaders than.
Sometimes you gotta take a small loss for the overall benefit of the company/system.
someguy3@lemmy.ca 11 months ago
Loss leaders you know lead to something. Can’t see what it would lead to.
superduperenigma@lemmy.world 11 months ago
Neither does the person you’re replying to. They probably just learned the term “loss leader” and thought they’d sound smart bringing it up but have no idea how the concept actually works in practice.
someguy3@lemmy.ca 11 months ago
Sounds like he needs to rightsize.
superduperenigma@lemmy.world 11 months ago
How is remaining in an unprofitable market a “loss leader”?
You really don’t think Twitch did some analysis on this matter before making a decision? Or do you just figure that your uninformed assumptions about their financials are more accurate than their internal analysis?
schmidtster@lemmy.world 11 months ago
Negative press costs money too. There will be unforeseen costs related to this move.
roguetrick@kbin.social 11 months ago
They're leaving the market. If anything Amazon is putting a shot across the bow of the ISPs who are charging these interconnect fees to get THEM negative press and make the Korean public demand a change in the laws so they can get the Internet the pay for.
superduperenigma@lemmy.world 11 months ago
What negative press? They’re no longer going to do business in a particular market for completely normal reasons. This isn’t some kind of scandal, it’s a standard decision for a company to make if it isn’t profitable. Everyone besides you seems to understand this.
You clearly have no idea what you’re talking about.
DeepFriedDresden@kbin.social 11 months ago
Loss leaders work because customers will purchase other products/services. Operating in a market at a loss isn't what a loss leader is.
glimse@lemmy.world 11 months ago
I dunno man, neither of us are financial analysts for Twitch
iegod@lemm.ee 11 months ago
Gaming nerds dictating how business should operate is one of the funniest things to observe.
Maalus@lemmy.world 11 months ago
Or just remove what’s costing you so much?
schmidtster@lemmy.world 11 months ago
Which would cost you more in the end, so if removing it costs more, you keep it in.
That’s what’s a loss leader is……
MolochAlter@lemmy.world 11 months ago
Can’t remove a tax without lobbying or breaking the law.
cerement@slrpnk.net 11 months ago
“bribery”“lobbying” … nope, never seen that before …