16-02-2017 10:01 via thedrum.com

Amazon Prime revenue hits $5.2bn with 65m subscribers

Amazon has lifted the veil on revenues generated by its Amazon Prime subscription service for the first time, revealing that it generated $6.4bn (£5.2bn) over the past year.
This figure puts it well behind Amazon’s retail and web services divisions in 2016 which raked in $91.4bn and $12.2bn respectively.
Amazon’s filing with the US Securities and Exchange Commission showed revenue growth as a whole slowed at the online retailer from a breakneck 61.7 per cent year-on-year in 201
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