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...However, it has still grown into an e-commerce site that handled more than $235 billion in transactions last year....
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...Ethan WuAnd just to put a finer point on it, the point here is it’s not enough to just look at headline p/e for the UK, headline p/e for the US and say, well, golly, there’s a huge discount here....
...But one analyst has 130 times p/e. Robert ArmstrongOh. For their target. Anna MutohSo expectations are very high. Target, yeah. Ethan WuYeah. That’s nuts. So Amazon is the dominant ecommerce player....
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...That’s worth like two points of P/E ratio right there. [MUSIC PLAYING] Katie MartinYou heard it here first, folks. We are gonna have to leave it there. Listeners, thank you for listening....
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...But they are paying brokerages, which is like where you or I would log on to trade, like Robinhood or E-Trade or Charles Schwab, and they’re paying for like the individual trades....
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