Amazon’s profits in the fourth quarter nearly doubled despite the online giant facing surging costs linked to a snarled supply chain and labour shortages.
The company, based in Seattle, also raised its annual Prime membership fee on Thursday to 139 dollars (£102) per year from 119 dollars (£88). This is the first time Amazon has raised the price since 2018.
Shares of Amazon rose nearly 17% in after-market trading.
