Amazon’s Prime subscription service has exceeded 100 million paid members worldwide, CEO Jeff Bezos revealed for the first time on Wednesday.
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Bezos and the e-commerce giant he founded have traditionally kept the number of Prime subscribers under wraps. Recent estimates suggested that Amazon has about 90 million U.S. Prime members, who pay $99 a year for free two-day shipping, video streaming and other perks.
“In 2017, Amazon shipped more than five billion items with Prime worldwide, and more new members joined Prime than in any previous year – both worldwide and in the U.S.,” Bezos wrote in his annual letter to shareholders.
Amazon shares rose 1.5% in after-hours trading.