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Comment by ageitgey

It's very smart of them to recognize that.

The world is full of these weird business cases where people aren't aware of the actual product, like how Starbucks US morphed from a coffee shop into an iced dessert drinks company that also incidentally sells hot coffee.

Edit:

Other fun examples -

In the mid-2000s, Porsche was an incredibly successful hedge fund that also sold cars who tried to acquire VW using a short squeeze.

Most US airlines are profitable frequently flier points companies that also operate airplanes to justify the program.

Target US is a real estate company that operates also (profitable) stores.

parent ageitgey 7 months ago

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