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Do you know AtW and that's the rub! They take a cut WHATEVER! If you profitable they take a cut, if they sell it themselves they're making money and if they buy it cheaper and you have to sell at a loss, they take a CUT!
This crap about them being a 'TECH' company is bollocks. They're making money hand over fist.
They have done something which is quite Illegal regarding EU VAT. They've been collecting VAT off Sellers & their fees while based in Luxembourg. Their own T&C state that sellers don't have to pay it, but they collected it and by our estimate they are sitting on BILLIONS of unpaid tax they've taken illegally off sellers.
It's not known about in the press (YET) but will be in due course. Should be a PPC type scandal.
50% of Amazons revenue is from AWS, they are a tech company
Originally posted by Stevie Wonder Boy
I can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.
Goodness me AtW. It's the summer. It's all in swimming pools and hot tubs :-)
And campervans.
Really pleased for you MF, and I am looking forward to future updates.
*I bought 25 Weinsberg Carabuses in the winter for delivery in May. The deposits for 2021 & 2022 rentals have already paid for the fleet. It's not as glamourous as the supercar fleet, but with cleaning, maintenance and delivery outsourced, I am digging the fact that all I have to do is take payment and manage cancellations/chargebacks.
AWS was $13.5bn in Q1 which is 12% of the $108.5bn total revenue.
AWS is a goldmine as they lock you into their eco system with their way of doing tech integration but that's true of all these cloud companies. If a deal I'm working on comes off I'll be supplying server infrastructure to a client and they specified AWS. But looking at the costs ~£4K/ year for the hosting services I think will be required I'd rather take a first year hit and supply a much more powerful custom server from myself which along with data centre fees will be ~£5K up front and then £1K/ year. So from year 2 I'll be making £3K/year above the profit margin and have spare capacity to use elsewhere
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