this post was submitted on 01 Jul 2023
212 points (99.1% liked)

Technology

63277 readers
3813 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
212
FTC prepares “the big one,” a major lawsuit targeting Amazon’s core business (arstechnica.com)
submitted 2 years ago by PopBobert@lemmy.world to c/technology@lemmy.world
15 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] vzq@lemmy.world 13 points 2 years ago (1 children)

Amazon’s core business is AWS and has been for over a decade.

[–] Yendor@reddthat.com 7 points 2 years ago (1 children)

AWS is big, but it’s nowhere near as big as Amazons retail divisions.

In 2022, AWS was $80bn. Their online retail division was $220bn, and their 3rd party online retail was $117bn.

https://fourweekmba.com/amazon-revenue-breakdown/

[–] MaybeItWorks@sh.itjust.works 4 points 2 years ago

Really boils down to profit and not revenue. Retail margins are very, very thin.