📈Amazon raises Prime fee to $119 in the US

📈Amazon raises Prime fee to $119 in the US

Amazon will increase the cost of Prime membership in the US from $99 a year to $119 a year.

According to CFO Brian Olsavsky on the latest earnings call, the 20 percent price increases will take into effect on May 11th.

Existing Prime members will see the new annual fee applied to their renewals starting June 16th.

It was just a week ago when CEO Jeff Bezos said that Amazon now has over 100 million paid Prime members worldwide.

https://www.engadget.com/2018/04/26/amazon-raises-prime-fee-to-119-in-the-us/