Amazon Takes Stake in

from the margin-margin-everywhere-but-not-a-drop-for-Bezos dept

Amazon announced today that they have acquired a “significant minority stake” in The press release then defines that stake as 49%, which, gosh, is about as significant as a minority stake can be. Glad to see Amazon branching out into more high-margin niches like closeout sporting goods. Time to short AMZN?

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