Amazon Prime service tops 100 million paid subscribers

The Looming Tower

WENY News - Amazon reveals it has more than 100 million Prime members

Amazon CEO Jeff Bezos announced his company has reached over 100 million subscribing Prime members, a new milestone for the 13-year-old program.

Amazon Prime charges users a fee for access to faster shipping and to its music and TV streaming services. Amazon had not previously revealed the number of Prime members. Last year and earlier this year, Amazon added discounted Prime rates for recipients of Medicaid and government assistance programs. Prime Day 2017 was our biggest global shopping event ever (until surpassed by Cyber Monday), with more new Prime members joining Prime than any other day in our history.

Amazon offers Prime service in cities in nine countries.

Deadline To File Taxes Is Midnight Tonight
If you've put off filing your taxes you can apply for an extension, but that won't eliminate all your problems. Trump has consistently refused to allow the public to see his tax returns, saying they were under audit.

Ostensibly, the letter from CEO Jeff Bezos is meant to celebrate the eight year in a row that Amazon ranked No. 1 on The American Customer Satisfaction Index, though it might also be timed to blunt some recent criticism in the press claiming that some employees are subjected to bad working conditions.

Annual letters from Bezos to shareholders are a popular read in the business world. In the letter, Bezos said 2017 marked the first year when more than half of the goods sold on Amazon worldwide were from third-party sellers. Having "high standards" is the key, he wrote. Amazon expanded Prime to Mexico, Singapore, the Netherlands and Luxembourg in 2017, Bezos said.

To view PDF documents, Download Acrobat Reader.

Latest News