Question: We utilized revenue multiples in our SOTP valuation analysis because: Amazon's segmented disclosure does not report earnings on a necessary level of detail. We are

We utilized revenue multiples in our SOTP valuation analysis because: Amazon's segmented disclosure does not report earnings on a necessary level of detail. We are only valuing the segment's ability to generate revenues. Revenue multiples are the most effective at valuing technology companies. Earnings multiples are not available on the comparable company set, given most of the businesses are break-even
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