Amazon Inc said on Wednesday it now has more than 100 million Amazon Prime members globally.
As a member of Amazon Prime, you get a convenient and well-publicized perk: free two-day shipping on almost any item on Amazon.
But the $99-per-year membership actually gets you a lot more than expedited shipping. In fact, signing up for Prime unlocks features like Amazon’s vast library of music, movies, television, and books, one-hour restaurant delivery, and unlimited cloud storage for your photos.
Chief Executive officer Jeff Bezos informed shareholders Amazon Music now has tens of millions of paid customers, with Amazon Music Unlimited expanding to more than 30 new countries in 2017.
Bezos said Prime Now, a service that offers free delivery within two hours, is now available in more than 50 cities spanning nine countries.
Shares of the ecommerce giant, which have risen about 69 percent in the last 12 months, rose 1.3% in after-market trading.