Shareholder letter: Amazon.com tops 100M Prime members

Amazon Prime Reaches 100 Million Member Milestone Here's What It Means For The Stock

Amazon Prime Reaches 100 Million Member Milestone Here's What It Means For The Stock

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: OPCW experts unlikely to enter Douma on Wednesday: UN source
More news: New renders of Motorola Moto E5 Plus leave nothing to imagine
More news: What To Know Before Buying Stock? NextEra Energy, Inc. (NEE)

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

  • Top Senate Democrats Come Out Against Pompeo Sec

    Top Senate Democrats Come Out Against Pompeo Sec

    Tom Cotton, R-Ark., suggested that Senate Democrats who opposed Pompeo "still are not over the results of the 2016 election". Senate , it would send a message that Trump's new secretary of state had the support of Congress as well as the president.
    David Hogg calls for boycotts of Blackrock, Vanguard Group

    David Hogg calls for boycotts of Blackrock, Vanguard Group

    He is pictured above during the March For Our Lives rally against gun violence in Washington, DC on March 24, 2018. The other three named firms are Invesco, Voya Investment Management and Credit Suisse.
    Warriors' Iguodala has a knack for big playoff performances

    Warriors' Iguodala has a knack for big playoff performances

    Give him an inch and he'll shoot from a mile. "So you take care of yourself, pace yourself and be ready". In Game 1, the Spurs shot 40 just percent while going 9 for 22 from deep and got outrebounded 51-30.
  • 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.
    Merkel says Russian Federation  shares responsibility for Syria chemical attack

    Merkel says Russian Federation shares responsibility for Syria chemical attack

    In particular, the conservatives are allergic to the idea of pooling risks and debts with other euro zone countries. Macron was elected for French president a year ago with the promise of a comprehensive European Union reform.
    Trump tweets Comey guilty of 'many crimes'

    Trump tweets Comey guilty of 'many crimes'

    Now on a publicity tour, Comey is deriding Trump at every turn, incurring even more of the president's all-caps Twitter rampages. Trump's 2016 election rival Hillary Clinton and how she used a private email server during her time as Secretary of State.
  • San Diego County Votes to Support Sanctuary State Lawsuit

    San Diego County Votes to Support Sanctuary State Lawsuit

    The stack of emails criticizing her for considering support for the lawsuit was not much thicker than a legal pad. Supervisor Ron Roberts, who represents central San Diego , was traveling overseas and did not attend the meeting.
    Fresno State professor says Barbara Bush was 'amazing racist,' Twitter feud ensues

    Fresno State professor says Barbara Bush was 'amazing racist,' Twitter feud ensues

    In response to one critic warning her tweets may lead to her losing work, Jarrar bragged: "I work as a tenured professor". It continued, "Half of these short stories don't feel fully explored or finished".
    Taiwan Says Beijing 'Saber Rattling' as China Starts Military Drills

    Taiwan Says Beijing 'Saber Rattling' as China Starts Military Drills

    China suspects the leader of aiming to push for formal independence, although she says she wants to maintain the status quo. Chinese officials have also denounced the recent passage of a USA law encouraging more high-level contacts with Taiwan.
  • 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.

    Enable Midstream Partners (ENBL) Given Daily Media Impact Rating of 0.14

    It is positive, as 54 investors sold MCD shares while 601 reduced holdings. 49 funds opened positions while 118 raised stakes. It is negative, as 21 investors sold UDR shares while 113 reduced holdings. 8 funds opened positions while 5 raised stakes.

    Island-wide blackout in Puerto Rico

    Puerto Rico has been experiencing the biggest power blackout in United States history and the second-longest in global history. Geraldo Quinones, a power company spokesperson, said in a phone interview that crews are investigating why the breaker failed.

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.