olympicwiz
Established Member
- Joined
- Sep 10, 2012
- Posts
- 2,307
Looks like the Amazon business model.From AFR:
Moreover, as the years pass, Vinomofo is not getting any more profitable. In FY22, it posted a net loss of $900,000 and even bolted on a loss-making events business. Since 2016, Vinomofo has generated $300 million of sales for coughulative losses of $9 million.