Amazon’s Prime subscription revenue climbed 28% in the first quarter from a year ago as house-bound shoppers are increasingly relying on the tech giant for everything from grocery deliveries to their evening’s entertainment. Subscription sales, including Amazon Prime memberships, have grown to $5.6 billion, the company reported yesterday (April 30). This consistently growing division helped boost Amazon’s sales revenues to $77.5 billion, beating analyst expectations. Read More...
Propelled by Covid-19, Amazon’s Prime subscriptions grow to $5.6 billion
Amazon’s Prime subscription revenue climbed 28% in the first quarter from a year ago as house-bound shoppers are increasingly relying on the tech giant for everything from grocery deliveries to their evening’s entertainment. Subscription sales, including Amazon Prime memberships, have grown to $5.6 billion, the company reported yesterday (April 30). This consistently growing division helped boost Amazon’s sales revenues to $77.5 billion, beating analyst expectations.
Add Comment