Originally Posted by bangali_babu
1) Amazon buys off businesses without caring for profits.
2) Tata is on buying spree without using brains (or caring for profits).
3) Both the companies want to grab as much business opportunities as possible. Without looking at the profit margins.
That's the comparison I was trying to make when you started nitpicking on 'profits'. 0 profits is thousand times better than making losses!
Who cares whether Amazon is making profits or not... when they themselves didn't have the word 'profits' on their agenda?
If Ur talking about inorganic growth and recalling Corus and JLR acquisition, definitely yes
I was comparing business models, not the strategy
Ok, agree on this point