For the first time earlier this year, Amazon announced that its core membership program has exceeded 100 million accounts worldwide.
However, he did not specify the exact number of memberships or income derived from the program, leaving some investors wondering how important the program was in the company's overall business.
The Securities and Exchange Commission, citing a new accounting rule, wants more data from the technology giant about Prime.
But the Wall Street Journal reported that Amazon had rejected requests from the SEC to disclose more details, telling the agency in a letter that it did not believe sales to board members were useful because it was just one element of the work. In 2016, Amazon founder Jeff Bezos called the first prime minister of the main "pillars" to work, adding that the goal of the company "is to make sure that if you are not a senior member, you are irresponsible."
However, it was reported that Amazon had responded to the Securities and Exchange Commission when asked to disclose further details, specifically about the percentage of sales associated with key members.
This is the kind of information that can help investors understand the aspects of Prime and Amazon better. The US Securities and Exchange Commission also asks other companies to get more information, including Bellevue, the magazine said. Paccar and Alphabet, the parent company of Google. The agency plans to continue to press the issue in 2019, according to the newspaper.