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Amazon raises monthly Prime subscription prices by 18%

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Published Sun, Jan 21, 2018 · 09:50 PM

New York

AMAZON.COM Inc is looking to squeeze more money out of monthly subscribers to its free two-day shipping service, which could persuade many of them to sign up for annual subscriptions.

Monthly subscribers to Amazon Prime now have to pay US$12.99 each month, an 18 per cent jump, according to Amazon's website. At that rate, monthly customers would pay US$156 a year.

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