Amazon Raises Prime Membership Fee to $119 USD

Amazon has had a really good month -- it now has over 100 million Prime members, it's now worth more than Alphabet and its quarterly profits doubled to $1.6 billion USD. In spite of all of that, Jeff Bezos' booming e-commerce platform has only bad news for its customers -- its Prime membership fee is increasing from $99 to $119 USD per year in the US.

The 20 percent price hike will go into effect on May 11 and will apply to existing Prime members' renewals on June 16 (i.e. if your regular...

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