Despite doubling its profits in the last quarter of 2021, Amazon has announced that in the United States it will increase the price of annual subscriptions from 119 to 139 dollars and of monthly ones from 12.99 to 14.99 dollars. The online shopping giant explained the increase with the extension of the benefits of Prime membership, such as Prime Video and same-day delivery, as well as with the rising cost of labor and transport in the distribution network.
The company closed the last quarter of 2021 brilliantly, almost doubling its profits to 14.32 billion dollars and with revenues of 137.41 billion dollars (+ 9%), broadly in line with analysts’ forecasts. For the first four months of 2022, the online shopping giant expects revenues between 112 and 117 billion dollars, against the 121 billion of analysts.
Source: Ansa
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