‘First party ecommerce’, where Amazon sells you things on its own behalf on Amazon website, is now only c. 1/2 of revenue. 1/3 comes from providing platforms for other people to do business: AWS & Marketplace. AWS margins are huge.
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RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…