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Amazon’s Treasure Truck at CES 2017 in Las Vegas. (GeekWire Photo / John Cook)
Amazon’s interest in working with universities are two-fold. Clearly, capturing some of the .3 million spent annually in college bookstores will be a nice revenue?stream,?but equally important is getting students accustomed?to using Amazon Prime.?Recent research indicates that?Amazon has roughly 40 million Amazon Prime members, who?spend ,500 a year on average, compared to non-members who spend about 5 a year.
Amazon’s market capitalization is now around 6 billion. It’s the fourth-largest company — including both tech and non-tech — by market value, trailing Microsoft (0 billion), Google/Alphabet (8 billion), and Apple (2 billion). Alphabet is also closing in on the ,000 per share mark; it ended Friday at 5.60.
Amid uncertainties brought by the United States, China's strong commitment to combat climate change challenges is injecting confidence to the coming climate talks, according to Laurence Tubiana, CEO of the European Climate Foundation.
Amazon’s growth is helping to fuel a boom in downtown Seattle, perhaps one of the reasons why the construction industry was the top gainer in terms of employment growth in January.
