It’s Not Surprising
Amazon has slowly been taking over and redefining the e-commerce world, pushing brick and mortar retail further and further into the past. So, it’s not all that surprising to hear the the company has more than 100 million Prime members. The news was reveled in the form of a letter from CEO Jeff Bezos to shareholders today. Bezos added that Amazon has shipped more than 5 billion items with Prime worldwide. As far as subscription-based services go, this puts Amazon right up there with Netflix and Hulu.
Hulu ended 2017 with more than 17 million subscribers, and Netflix just finished up Q1 with 125 million subscribers worldwide. That puts Amazon Prime subscriptions neck-in-neck with Netflix, the company that redefined what it means to live-stream. But, Amazon does have quite a bit more to offer than Netflix. For starters, Netflix is purely movies, TV shows and entertainment. Amazon is an e-commerce site that allows its Prime members services like two-day shipping on items purchased via Amazon, a massive streaming library of licensed fare and original series, as well as music and more in the works with companies like Whole Foods and Best Buy. The future continues to become brighter for the e-commerce giant.
-
The Office for National Statistics (ONS) released official figures on Wednesday, revealing that the United Kingdom posted a record...
-
As scrutiny intensifies, Fujitsu faces repercussions for its role in the Post Office scandal. The UK government has issued...
-
Tech Billionaire Proposes Renaming Wikipedia to ‘Dickipedia’ in Exchange for Record Donation In a recent social media spectacle, tech...
-
Urgent IMF Deal Needed to Prevent Pakistan’s Economic Collapse, Bloomberg Warns Bloomberg, a renowned US-based financial news service, has...
-
Federal student loan borrowers are in a tough situation as the pause on loan payments, implemented during the pandemic,...
-
Silicon Valley Bank’s Acquisition Fallout: Rising Unemployment and Uncertain Future First Citizens BancShares Inc., the new Silicon Valley Bank...
-
President Joe Biden and House Speaker Kevin McCarthy engaged in crucial negotiations on Monday to address the US government’s...
-
Secure your financial future with the 50/30/20 rule! As the cost of living continues to increase in 2023, managing...
-
Common treatments and medicines are becoming more expensive and harder to get. According to a new report released this...
-
A California appeals court overturned the challenge to Proposition 22. Back in 2020, California voters passed Proposition 22, which...
-
Tesla is looking to spark interest in its most expensive models. In the last several months, prominent electric vehicle...
-
Prices dropped in Venezuela, Indonesia, Ecuador, Thailand, and more. Netflix has recently been feeling a major financial squeeze as...