Amazon increases the cost of Prime as profits soar

Date : 04 February 2022

Simon Mayhew

Head of Online Retail Insight

Amazon's net sales increased by 9% year-on-year to US$137.4bn and net income increased 98% to $14.3bn for Q4 (ending 31 st  December). Amazon Web Services covering higher costs Amazon’s total operating income for the quarter was $3.5bn (50)%. Amazon is facing into higher costs. Amazon’s…
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