Amazon is raising the price of its Prime service for US customers after reporting record sales and profits.
The e-commerce giant said it was hiking the price by 17% to $139 for annual membership.
The firm, which cited increased wage and shipping costs, said it had no announcements to make about other countries “at this time”.
It is the first increase since 2018 for Prime, which gives subscribers access to benefits like faster shipping.
More than 200 million people globally pay for the service, many of them in the US.
Amazon shares soared almost 15% in after hours trade on the news, which accompanied the release of its end of 2021 performance.
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.
