Five Questions About Amazon Prime That Jeff Bezos Still Won't Answer
It has been exactly a decade since Jeff Bezos first mentioned Amazon Prime during a conference call with investors. At the time, the Amazon chief executive officer described it as a very simple service offering customers “‘all-you-can-eat express shipping.” Since its 2004 introduction, Amazon Prime has expanded to become a complicated package: For $99, a price 25 percent higher than at launch to account for inflation,, customers get streaming video and original programing such as Transparent, access to an e-book lending library, a digital music service, and online photo storage. And, yes, faster shipping on many items sold by Amazon.com.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Subways May Be the Latest Casualty of China's Crackdown on Debt
- Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock