By Austen Hufford

More than 100 million people globally are now paying for Amazon 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, which has never disclosed the number of Prime members before, 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 18:20 ET (22:20 GMT)

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