Shareholder letter: Amazon.com tops 100M Prime members

Amazon is the world’s largest retailer by market value and the second largest private employer in the US

Amazon is the world’s largest retailer by market value and the second largest private employer in the US

Bezos has always been a little cagey about sharing Amazon statistics. And in 2017 alone Amazon shipped over five billion items through it's Prime service.

The Seattle-based company has been investing heavily in original television content.

In January the company raised the monthly Prime subscription price in the USA to $12.99 from $10.99, but left the annual cost at $99.

Amazon's annual proxy statement includes something you don't see every day: details on how much money the e-commerce giant spends with one of the nation's top newspapers.

More news: Enable Midstream Partners (ENBL) Given Daily Media Impact Rating of 0.14
More news: MA tax filing deadline postponed to April 18 after IRS glitch
More news: David Hogg calls for boycotts of Blackrock, Vanguard Group

Bezos said the company has exceeded 100 million paid Prime members globally, which is higher than even the most optimistic analyst estimates, 13 years after its launch.

And, for the first time, more than half of the units sold on Amazon worldwide in 2017 were from the company's third-party sellers, including small and midsize businesses.

(NASDAQ:AMZN) has put a number to its Prime subscribership for the first time, and it's now over 100M members. Other benefits also come with the membership, for example at the upscale grocery chain Amazon bought a year ago: "Our Prime member exclusive promotion broke Whole Foods' all-time record for turkeys sold during the Thanksgiving season", Bezos said in his letter. "There's no single way to do it â€" it's a combination of many things.

Recommended News

  • Wentz expecting to play Week 1

    Wentz expecting to play Week 1

    Here's your chance to be in the same room with a Super Bowl champion while supporting a great South Jersey school. You guys saw me weeks ago, I was throwing and everything. "I'm not going to change", Wentz said.
    Saul 'Canelo' Alvarez handed six-month ban for failing drug tests

    Saul 'Canelo' Alvarez handed six-month ban for failing drug tests

    Alvarez received a one-year suspension, but because he has cooperated it was reduced to six months, as the commission rules allow. Alvarez's suspension is retroactive to the February 17 test, meaning he'll be eligible to fight as early as August 18.
    Stratasys mission to the Moon takes 3D printed parts to space

    Stratasys mission to the Moon takes 3D printed parts to space

    The mission will use more than 100 3D-printed parts produced jointly by Lockheed Martin , Stratasys , and PADT. Under a new partnership, Stratasys Ltd. of Eden Prairie and Phoenix Analysis & Design Technologies , Inc.
  • Idris Elba to Create, Star in Netflix Comedy Series 'Turn Up Charlie'

    Idris Elba to Create, Star in Netflix Comedy Series 'Turn Up Charlie'

    Elba does have experience in the DJ world too as he got his start as a DJ and has a residency in Ibiza. The British actor just scored the starring role in Netflix's Turn Up Charlie , according to Variety .

    Cisco Systems (CSCO) Earns "Overweight" Rating from Piper Jaffray

    IFG Advisory LLC purchased a new position in shares of Cisco Systems in the 4th quarter worth $2,375,000. (NASDAQ: CSCO ). The ratio improved due to CSCO positioning: 51 sold and 660 reduced. 145 funds opened positions while 589 raised stakes.
    Trump files extension for 2017 tax return

    Trump files extension for 2017 tax return

    President Trump has filed for an extension to submit his "complex" 2017 tax returns, the White House confirmed Tuesday. April 17 is Tax Day in 2018, and it's the deadline for most Americans to file their federal tax returns.
  • Will Jay Z push Saquon Barkley to the Giants or Jets?

    The Browns are expected to use the first pick on a quarterback, most likely Josh Allen of Wyoming or Sam Darnold of USC. This does not mean Barkley shares the same opinion, and he certainly wants to be drafted as early as possible.
    Trump says hopeful USA  will trim trade deficit with Japan soon

    Trump says hopeful USA will trim trade deficit with Japan soon

    Five locations are now being considered for the historic bilateral meeting, Trump said, but confirmed none are in the U.S. News out of the White House indicates the visit will revolve around North Korea, Trans-Pacific Partnership, and tariffs.
    Vinyl records shop opens in Altrincham town centre

    Vinyl records shop opens in Altrincham town centre

    In Soho, Reckless Records and Sister Ray on Berwick Street are throwing in-store parties, certain to spill out onto the street. Special vinyl and CD releases and various promotional items are made each year exclusively for Record Store Day.
  • OPCW experts unlikely to enter Douma on Wednesday: UN source

    OPCW experts unlikely to enter Douma on Wednesday: UN source

    The US threatened military retaliation at the time. "All signs in Syria indicate that the situation is returning to normal". Russia's military said Tuesday it had uncovered a chemical weapons stockpile left behind by the rebels in Douma.
    Fortnite could make $500 million on mobile this year

    Fortnite could make $500 million on mobile this year

    Many fans are expecting to see the destruction of Tilted Towers very soon, as a meteor appears to be heading straight towards it. You could defend against them, but Guided Missile still shook the game up in a way many players found intrusive.

    Lexington Realty Trust (LXP) EPS Estimated At $0.25 as of May, 8

    After $0.78 actual earnings per share reported by AT&T Inc. for the previous quarter, Wall Street now forecasts 11.54% EPS growth. Legal & General Group Plc increased its position in Lexington Realty Trust by 6.3% during the 3rd quarter.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.