NEW YORK—Amazon.com Inc will raise fees for its delivery and streaming service Prime in Europe by up to 43 percent a year, the online retailer said on Monday, as it moves to counter higher costs days before it reports quarterly financial results.
The price hike, following one that Amazon announced for Prime in the United States in February, reflects mounting pressure from Wall Street on new Chief Executive Andy Jassy to shore up profit as inflation rises and a downturn looms.
