Amazon increases annual Prime subscription fee

Hanno Labuschagne

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Amazon increases annual Prime subscription fee

Amazon.com Inc. is raising the annual fee for its Prime subscription service in the U.S. by $20 to $139, the first such increase since 2018.

For new Prime members, the price change will go into effect on Feb. 18 and will apply to current subscribers who renew after March 25, the company said Thursday in a statement as it reported fourth-quarter results.

Amazon also raised its Prime monthly subscription to $14.99 from $12.99.

[Bloomberg]
 
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