Amazon said it will increase the price of its Amazon Prime service for U.S. subscribers, boosting the annual fee from $99 to $119. The online retailer announced the $20 hike in its annual fee during its first quarter earnings call.
Chief Financial Officer Brian Olsavsky said Amazon has steadily increased the benefits of the service with more than 100 million products available for two-day delivery, and expanded free same-day delivery. That’s a dramatic increase from…
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