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Amazon Closes Kindle Store in China
Readers of Amazon Kindle e-books are on display at the Shanghai Book Fair on August 12, 2020. Hong Kong (CNN Business) announced Thursday that Kindle users will no longer be able to buy books online in the country from July 2023. Existing customers can download pre-purchased addresses until June 2024, as Amazon (AMZN) said it will stop shipping Kindle devices to retailers starting Thursday. "Amazon China's long-term commitment to customers will not change," the Seattle-based company said in a statement. For renewal and investment. The move adds to a series of corporate withdrawals from China in recent months. Airbnb (ABNB) announced last week that it would remove all its in-country offerings and focus instead
On departing, travelers said that they faced increased costs made worse by this summer's Covid19. Starting, they will not be able
Readers of Amazon Kindle e-books are on display at the Shanghai Book Fair on August 12, 2020. Hong Kong (CNN Business) announced Thursday that Kindle users will no longer be able to buy books online in the country from July 2023. Existing customers can download pre-purchased addresses until June 2024, as Amazon (AMZN) said it will stop shipping Kindle devices to retailers starting Thursday. "Amazon China's long-term commitment to customers will not change," the Seattle-based company said in a statement. For renewal and investment. The move adds to a series of corporate withdrawals from China in recent months. Airbnb (ABNB) announced last week that it would remove all its in-country offerings and focus instead
On departing, travelers said that they faced increased costs made worse by this summer's Covid19. Starting, they will not be able
Guests in China from making reservations
Last October, LinkedIn announced that it would close the domestic version of its platform in China, citing a "significantly more difficult operating environment" and obstacles to compliance. The platform, owned by Microsoft (MSFT), has decided to launch a new and more local service called InJobs. The site aims to reduce the service as a dedicated professional networking service that allows users to share news and publications online and more as a traditional professional portal. Amazon
Mainland China first entered in 2004 by acquiring Joyo.com, one of the country's leading online booksellers, of music and videos. Since then it has had limited success in the huge market. In 2019, the company closed its domestic online market in China, preventing customers from buying products from Chinese suppliers
While the company has not publicly explained why, analysts have indicated that it has given way to domestic competition, led by players such as Alibaba (BABA) and JD.com (JD). The company said in its statement on Thursday that Amazon continues to operate an online store in China that allows for "offshore" purchases, as well as its logistics, cloud, and advertising businesses.
While the company has not publicly explained why, analysts have indicated that it has given way to domestic competition, led by players such as Alibaba (BABA) and JD.com (JD). The company said in its statement on Thursday that Amazon continues to operate an online store in China that allows for "offshore" purchases, as well as its logistics, cloud, and advertising businesses.
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