Comment on Amazon Artificially Discounting Items $0.01 Below the Free Shipping Limit
Takumidesh@lemmy.world 3 weeks agoA company taking excess revenue and reinvesting it isn’t profit.
There may be phrases with the word profit in them that include that value, but the general accepted definition is profit is the money that gets distributed to the stakeholders after expenses are covered. This is things like dividends for publicly traded companies, or for private companies, it’s just straight up paying out the cash to stakeholders.