Amazon Free Shipping minimum is now $49
One look at their finances and it&#x27;s clear why they&#x27;re doing this. According to their SEC filings, last year Amazon brought in $6.5 billion in shipping revenue [1], and spent $11.5 billion on shipping costs. Take those numbers together and they lost $5.0 billion subsidizing shipping. They lose more money on shipping every year than most startups make in a decade. It&#x27;s a huge cost on their budget, not hard to see why management is trying to cut costs.<p>[1] Includes some revenue earned from Amazon Prime memberships; excludes shipping revenue of third-party sellers not under the Fulfilled by Amazon program<p>Data is from page 26 of their 10-K, linked below<p><a href="https:&#x2F;&#x2F;www.sec.gov&#x2F;Archives&#x2F;edgar&#x2F;data&#x2F;1018724&#x2F;000101872416000172&#x2F;amzn-20151231x10k.htm" rel="nofollow">https:&#x2F;&#x2F;www.sec.gov&#x2F;Archives&#x2F;edgar&#x2F;data&#x2F;1018724&#x2F;000101872416...</a>