Amazon Prime is getting a nice boost from abroad

Chart Of The Day

Amazon Prime is getting a nice boost from abroad  Amazon this week released new data for Prime, the company's $99 subscription service that gives you free two-day shipping as well as access to Amazon's massive library of digital content, including movies and TV shows. The company says Amazon Prime membership grew 53% worldwide last year, even though the service is available in only eight countries. Based on the latest figures, BI Intelligence estimates there are now 53.5 million Amazon Prime members around the globe, with 25% of those members outside the US. Customers clearly prefer the bundling of Amazon's various services, but it's working out for Amazon, too: According to recent data from market firm RBC, 40% of Prime members spent more than $200 on the website between October and December 2014, compared to only 13% of non-Prime members. Read »

Advertisement   Also On Tech Today: The internet has raised $311,000 for the guy walking 21 miles to-and-from work each day, and he just got a free car Here's what aliens living on Jupiter's beautiful moon Europa might look like Russia beefs up ballistic missile launchers patrolling Taylor Swift is going to war with fans on Etsy   Family stages traumatic kidnapping of 6-year-old to teach him a lesson about being 'too nice' to strangers   Here's the intense training for Marines who guard American embassies