11-11-2016 20:52 via feedproxy.google.com

Amazon’s cloud is funding its war on Walmart, rival says (AMZN)

In case you still think Amazon is still predominantly an ecommerce site, here's something that'll change that.
According to Deutsche Bank, Amazon's cloud business, Amazon Web Services, has become so big that some people think it is subsidizing the company's retail operations. It wrote in a note Thursday:
"One AWS rival, making the point that the cloud infrastructure business has proven to be far more profitable than everyone thought, argued that the margin story at Amazon has now flipped, s
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