Amazon.com AMZN 0.38%increase; green up pointing triangle paid nearly $1 billion to acquire the live-video startup Twitch Interactive in 2014. A decade later, the retail giant has received little financial return from one of its bigger acquisitions.Known for hourslong broadcasts of videogame play, Twitch remains unprofitable despite periods of explosive popularity, according to current and former employees knowledgeable about its finances.Documents reviewed by The Wall Street Journal show Twitch’s biggest-paying users are opening their wallets less, and third-party data reflect that growth in new users and engagement has slowed.
Origen: Amazon Paid Almost $1 Billion for Twitch in 2014. It’s Still Losing Money. – WSJ