/biz/ - Business & Finance

>>54570775
AMZN, I don't feel so good right now...

(copypasta from previous thread below)
>Twitch, AMZN owned subsidiary is worth $45 billion
>Never been profitable since 2014 purchase and even during golden years with pandemic, it barely broke even
>AWS makes about as much in a few days what Twitch makes in an entire year
>Company has repeatedly cut corners lately from decreasing sub splits to getting rid of more ways for streamers to make money ala AIP

>https://www.investing.com/news/stock-market-news/amazons-twitch-is-worth-45-billion--needham--company-432SI-3053757

Didn't Twitter keep propping up their "value" over and over again until Elon Musk eventually bought them out? Yeah, anyone that's paid any attention to Amazon's and Twitch's bullshit for the last few years can see the writing on the wall. AMZN is looking for any excuse to sell the damn thing off and make money on this sinking ship for once. My bet is either Tencent, Microsoft or...Elon buys Twitch.