By Austen Hufford 

More than 100 million people globally are now paying for AmazÍon Prime, a sign of how Amazon.com Inc. has used the service to evolve from an online marketplace that struggled with profitability into an internet-commerce powerhouse.

Amazon revealed the figure Wednesday in Chief Executive Jeff Bezos's closely followed annual letter to shareholders.

Amazon also said a majority of goods sold on its platform are from third-party sellers.

Write to Austen Hufford at austen.hufford@wsj.com

 

(END) Dow Jones Newswires

April 18, 2018 18:12 ET (22:12 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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