The online retailer said Thursday it now has more than 150 million Prime members who pay $119 a year for faster shipping and other perks. It also beats Netflix, which has 139 million members who pay to stream movies and TV shows. Also on Thursday, Amazon reported financial results for the holiday shopping season that were far better than Wall Street analysts expected. The staggering number of Prime members is sure to spook other retailers. Analysts have said Prime members typically spend more of their money at Amazon than other stores.

Source: ABC News January 30, 2020 21:34 UTC