Amazon raises US price for Prime as profits jump

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The increase to its membership fee applies to US customers, with no other announcements “at this time”. …

Sales for the last three months of 2021 expanded by 10% year-on-year to $137.4bn. But those gains were driven by growth in areas like its cloud computing division, Amazon Web Services, and advertising, while its e-commerce sales dipped from 2020, when the pandemic propelled blockbuster gains.

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