Amazon discloses it has more than 100 million Prime members

At Long Last, Amazon's Jeff Bezos Confirms Just How Many Prime Members There Are

At Long Last, Amazon's Jeff Bezos Confirms Just How Many Prime Members There Are

Amazon chief Jeff Bezos has revealed in his yearly shareholders letter that Prime now has 100 million members, which he partly attributes to continuing content expansion. The subscriptions at Prime, was launched 13 years ago and it was an achievement from 2017 shared by Bezos in the letter, a copy of which was filed with USA securities regulators. If, over the long run, Amazon decides to club all these services under a common Prime subscription fee (it already clubs most of them), then this figure will be almost the same as the average Prime subscription fee per member.

For the first time in the 13 years since its launch, Amazon has put a specific number on its Prime subscriber count. Amazon Music "continues to grow fast and now has tens of millions of paid customers", he said.

The reveal highlights the growth of Amazon's subscription service, which it has pushed for more than a decade to retain customers and, in turn, fuel its core retail business with each purchase. Amazon Prime Service offers free two-day shipping and other perks that help bind people to the company.

We forecast the total number of paying Prime subscribers to increase to 164 million by 2020, while the average annual Prime subscription fees are expected to increase from around $97 in 2017 to almost $110 by 2020. Those who shell out for Prime get access to Prime Video, Amazon's own Netflix competitor, as well as Prime Music, which is a pared-back version of the company's subscription-based Amazon Music Unlimited service. Possessing "high requirements" is your key, he composed.

Pakistani court bans airing of Sharif's 'anti-judiciary' speeches for 15 days
Sharif, who leads the country's most powerful political family and his party (PML-N), has been hanging in the balance since then. He drew the attention to Article 68, saying it even prevented the Parliament from criticising the judiciary and its decisions.

This approach has led to success in the retailer's Amazon Prime membership program, which Bezos says has now passed the 100 million customer milestone worldwide. That has compelled most of the analysts to just make an estimate of the figure entirely based on the shopper surveys. In fact, the company also disclosed that it shipped more than five billion items through Prime in 2017, and that more than 100 million items are now available for free two-day shipping.

Amazon also claims to have created over 1.7 million direct and indirect jobs around the world. Also more new Prime members joined the service on this day, than other day in the company's history.

The company on Wednesday also announced a collaboration with United States consumer electronics retail chain Best Buy to sell Toshiba and Insignia smart "Fire" televisions infused with Alexa.

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