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Amazon (AMZN) said on Wednesday that it's offering Prime members a discount on its new health-care service — another perk that should help bring more people into the online retailer's ecosystem. It provides members unlimited 24/7 access to virtual care as well as in-person, and remote primary care services. Prime members can add up to five people from their family to the One Medical plan for an additional $6 a month. Amazon offering a discounted subscription to One Medical's services is part of the company's efforts to expand the broader Prime flywheel by leveraging its 167 million Prime members. The goal of the Amazon Prime membership is to provide people with "one simple membership, something that provides shopping, savings, streaming and now positive health outcomes, said Jamil Ghani, SVP of Amazon Prime in a CNBC interview Wednesday.
Persons: Jeff Marks, It's, Tom Forte, Forte, Andy Jassy, Davidson, there's, Jamil Ghani, Jim Cramer's, Jim Cramer, Jim, John Love, Jason Redmond Organizations: Amazon, D.A, Amazon Web Services, Amazon Pharmacy, Amazon Prime, CNBC, Robotics Research, AFP, Getty Locations: Davidson, Sumner , Washington
An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023. The Federal Trade Commission on Wednesday updated its complaint against Amazon for its "deceptive" Prime sign-up and cancellation processes, adding three senior executives as defendants. Top Amazon executives overseeing Prime downplayed employee concerns about members of the popular subscription program being enrolled without their consent, the amended complaint alleges. Subscription services revenue, which includes Prime memberships, totaled $9.8 billion in Amazon's most recent quarterly earnings report. Amazon executives and employees met in 2018 about "Project Lucent," where the primary objective was to discuss "how many Prime signups [is] Amazon .
Persons: Russell Grandinetti, Jamil Ghani, Neil Lindsay, Grandinetti, Lindsay, Andy Jassy's, Ghani, Tim Doyle, Doyle, Mark Zuckerberg, Meta, Zuckerberg Organizations: Amazon, Federal Trade Commission, Top Amazon, Lucent, FTC Locations: East, New York City, Amazon's, Arlington , Virginia
Amazon intentionally made it harder to cancel Prime memberships with a project code-named "Iliad." The FTC sued Amazon on Wednesday, alleging the company made it more difficult for consumers to cancel Prime subscriptions. Amazon intentionally drew out the process of canceling a Prime membership under a project code-named "Iliad," according to internal documents obtained by Insider. "Customer transparency and trust are top priorities for us," Jamil Ghani, vice president of Amazon Prime, said in a statement. Starting February 18, Amazon's annual Prime membership fee increased from $119 to $139, and the monthly fees increased from $13 to $15.
Persons: Jamil Ghani, Hannah Towey Organizations: FTC, Amazon, Federal Trade Commission, Norwegian Consumer Council
Amazon Music recently added 98 million songs to the platform to capitalize on an increase in demand. But Prime members can only play individual songs if they upgrade to Amazon Music Unlimited for $9 a month. Some Amazon Music users are posting to Twitter and LinkedIn to criticize the update. Such changes are riling up some Amazon music users who are going to Twitter to complain over the loss of certain features. Still, the number of Amazon Music users fall behind its rivals.
Club holding Amazon (AMZN) is attempting to ease the inflation burden ahead of the holiday season by offering fresh deals during its second Prime sales event of the year this week. "Given the current macroeconomic environment we know that savings are even more important," Amazon Prime Vice President Jamil Ghani told CNBC Wednesday . The current event comes on the heels of Amazon's Prime Day in July , which generated record purchases. Back in 2005, when the company launched Amazon Prime, it was focused on fast-and-free shipping. Amazon's Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've been blown away by 'Thursday Night Football' reception, says Amazon Prime VPJamil Ghani, vice president of Amazon Prime, joins CNBC's 'Squawk Box' to discuss the company's two-day Amazon Prime Early Access Sale. Ghani also provides an update on the company's 'Thursday Night Football' debut.
Amazon is hosting another Prime Day-like deal bonanza next month, marking the first time it will hold two such events in the same year. The company said Monday that the event, which it’s calling the “Prime Early Access Sale,” will take place Oct. 11-12. Prime Day, which started in 2015, is typically held once a year during the summer. The company also has experimented with other discount events, such as an apparel sale, a pet-focused event and a fall beauty event. Ghani declined to say whether Amazon plans to host more than one sales event for Prime members moving forward.
Amazon's second Prime Day sale will take place Oct. 11-12
  + stars: | 2022-09-26 | by ( Annie Palmer | ) www.cnbc.com   time to read: +2 min
Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. The company said Monday that the event, which it's calling the "Prime Early Access Sale," will take place Oct. 11-12. Prime Day, which started in 2015, is typically held once a year during the summer. The company also has experimented with other discount events, such as an apparel sale, a pet-focused event and a fall beauty event. Ghani declined to say whether Amazon plans to host more than one sales event for Prime members moving forward.
The "Prime Early Access Sale" will start Oct. 11 at midnight Pacific Daylight Time (0700 GMT) for 48 hours in 15 countries, Amazon said. Vice president Jamil Ghani told Reuters the rationale for a second Amazon deals event this year was earlier holiday shopping and the "macroeconomic environment" customers faced. Register now for FREE unlimited access to Reuters.com Register"There's a desire to save and make the dollar stretch further," he said in an interview. Such member-only sales prompt some customers to buy Prime subscriptions and shop more on Amazon. Register now for FREE unlimited access to Reuters.com RegisterReporting by Jeffrey Dastin in Palo Alto, California; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.
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