San Francisco sources stated that US based online retail giant Amazon on Wednesday announced a record breaking holiday season as tens of millions of people have signed up for its Prime membership either by making paid service or on a trial basis. Amazon said "Prime membership continued to grow this holiday season to benefit from FREE Same Day, One Day or Two Day shipping, in addition to FREE two-hour delivery with Prime Now, and exclusive shopping and entertainment benefits".
Jeff Wilke, CEO Worldwide Consumer said "In the US alone, more than 1 billion items were shipped for free this holiday with Prime". Furthermore Amazon said its customers worldwide have shopped at record levels from a wide selection of products across every department, and they purchased millions more Amazon Devices this holiday season than last year, with the best-sellers for this holiday including all new Echo Dot, Fire TV Stick 4K with Alexa Voice Remote, and Amazon Echo smart speaker.
Previously in April this year, Amazon disclosed that its Prime members had reached a record milestone of 100 million customers. Perhaps customers have shopped at many Amazon stores such as Amazon Books, the brand new Amazon 4 star locations, Amazon Go, and Whole Foods Market.
Reliance Jio Net Profit jumped to 65% New Delhi sources stated that Telecom operator Reliance Jio reported a jump of 65% in its net profit to Rs 831 crore during the December 2018 quarter, mainly on account of a rise in customer base. Meanwhile the company had recorded a net profit of Rs 681 crore in the corresponding period a year ago.
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