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Comment by araes

Hmm. Based on the Wikipedia article, I can kind of comprehend this. They're making $921,146.95 / employee, yet somehow losing $236,200.71 / employee every year. Don't know where all their money's going, yet something does not look viable.

Apparently, Goodwill impairment, Cost of revenue, then marketing.

From: https://www.sec.gov/ix?doc=/Archives/edgar/data/1370637/0001...

Revenue: $2,566,111,000

Costs: $3,224,671,000

- Cost of revenue: $744,592,000

- Operating expenses:

  - Marketing: $710,399,000

  - Product: development $412,398,000

  - General and administrative: $312,260,000

  - Goodwill impairment: $1,045,022,000
parent araes 2 years ago

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