Jeff Bezos released Amazon's annual Letter to Shareholders on April 18th. Most notably, Amazon disclosed for the first time ever that it has 100M paid Prime members globally. Color us impressed.
Some other great tidbits below:
Prime Free One Day delivery now in more than 8,000 cities and towns. Prime Now available in more than 50 cities.
Amazon Web Services (AWS): now a $20B annual revenue business.
Amazon Marketplace: More then 1/2 units sold on Amazon were from third-party sellers.
Amazon Music: Now has "Tens of millions" of paid customers; membership has more than doubled over the past six months.
Whole Foods: "We’ve also begun the technical work needed to recognize Prime members at the point of sale and look forward to offering more Prime benefits to Whole Foods shoppers once that work is completed."
Learn with titan
Become the smartest investor you've ever been through straightforward, easy-to-read investment articles.
Refer to Titan's Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Titan Clients by Titan Global Technologies LLC and Apex Clearing Corporation, both registered broker-dealers and members FINRA/SIPC. For more information, see our disclosures. Contact: 508 LaGuardia Place NY, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice. Check the background of these firms on FINRA's BrokerCheck.
© Copyright 2022 Titan Global Capital Management, Inc. All Rights Reserved.