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Prime membership is rising quickly

9/26/2016

Half of all American households might have an Amazon Prime membership by the end of this year.



Cowen and Company analyst John Blackledge estimates that approximately 44% of U.S. households are Prime members, and that penetration could accelerate to 50% by the end of the year, according to a report by CNBC.



Prime has maintained healthy growth largely due to [its] increasing value proposition," Blackledge said.



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