Amazon Prime subscribers surpass 200 million, up 50 million in a year

by Stock Catalog | Flickr

In an annual letter to Amazon shareholders, CEO Jeff Bezos revealed that 'Amazon Prime has more than 200 million subscribers.' By 2020, 50 million new members will join Amazon Prime, which means the service has grown by about 33%.

2020 Letter to Shareholders
https://www.aboutamazon.com/news/company-news/2020-letter-to-shareholders

Amazon Prime Passes 200 Million Subscribers | Hollywood Reporter
https://www.hollywoodreporter.com/news/amazon-prime-passes-200-million-subscribers

Amazon added another 50 million Prime subscribers during the pandemic --The Verge
https://www.theverge.com/2021/4/15/22385370/amazon-prime-subscription-jeff-bezos-2020-shareholders-letter

This will be Bezos' final annual letter, as CEO Bezos will become Chairman of the AWS Business Leader Andy Jesse in late 2021.

According to a Q4 2019 report released in January 2020, Amazon Prime had 150 million subscribers. In 2020, the pandemic of the new coronavirus infection (COVID-19) forced many people to spend their time at home, and 50 million new members joined. Amazon Prime has grown tremendously. In addition, subscribers of Netflix at the time of the 2020 end of the year 204 million people , Disney + the subscriber's 100 million people has become.

In 2020, Amazon has grown significantly beyond the prime business. Sales increased 38% year-on-year to 386.1 billion dollars (about 41 trillion yen), net income increased 83% year-on-year to 2.13 billion yen, and demand for Amazon.com increased due to pandemic In addition, the growth of the cloud business is also having an impact . In addition, the advertising business centered on Amazon.com is also doing well, and it is reported that it is stealing market share from Google.

Spending on digital advertising will increase by 12% in 2020, Amazon is growing at a tremendous pace | GIGAZINE.BIZ

Bezos also mentioned his successor, Jesse, in his annual letter. 'Andy is a great person and maintains the highest standards of all. Andy guarantees that we will not make our world typical. He needs us to stay alive. It collects energy and it will make us special. It's not easy, but it's important, and at the same time, I think it will be fun and satisfying, 'commented Bezos. Did.

After taking office, he said, 'As chairman, I will focus on new initiatives. I am an inventor, and invention is my greatest pleasure and feat. A place where I can create the most valuable things. 'I can say,' 'We look forward to working with the passionate people of Amazon, the safest place to work with the best employees on the planet, in investment and investment assistance.'

Although Amazon is doing well in terms of profits, investigations and complaints have been filed on suspicion of violating the Antimonopoly Act , and it was reported that there was a fierce conflict with employees regarding the formation of a labor union.