Americans are obsessed with Amazon Prime, and it shows [Business Insider]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Business Insider
It shows how ubiquitous Amazon has become in online shopping. Now more than ever, you're more likely than not to be an Amazon Prime member. About 180 million people had a Prime membership as of March, Bloomberg reported on Tuesday, citing data from Consumer Intelligence Research Partners. That represents an 8% increase from 2023, according to the data. It also brings the share of US consumers who have Prime to 75%, per the report. Amazon did not immediately respond to a request for comment from Business Insider. Online shopping, including from Amazon, took off during the pandemic. The new numbers suggest that Prime still has growth potential, albeit at a less rapid rate. Prime fees, which cost $15 a month or $140 annually, are a key source of revenue for Amazon. Analysts surveyed by Bloomberg expect the company's subscription revenue for the first quarter will jump 12% to $10.8 billion; data are due April 30. Other retailers are trying to popularize their own membership s
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AMZN
Earnings
- 2/1/24 - Beat
AMZN
Sec Filings
- 4/29/24 - Form 13F-HR
- 4/25/24 - Form PX14A6G
- 4/25/24 - Form PX14A6G
- AMZN's page on the SEC website