Amazon's audience in the Chinese market is also very large, and it's also a conscientious e-commerce platform. Xiaobian likes shopping in Amazon, but it's said that Amazon will close its business in the domestic market. Is that true? Let's get to know!
Amazon to close its business in China's domestic market
Amazon plans to close its business in China's domestic market by mid July, focusing on its sales of overseas goods and cloud services in China, Reuters quoted people familiar with the matter as saying.
This means that Chinese consumers will not be able to buy goods from other domestic third-party businesses on Amazon platform, but they can still order goods from the United States, the United Kingdom and Japan through Amazon's global stores.
Amazon is expected to close its logistics center in the next 90 days
Amazon is expected to close its logistics center in the next 90 days and gradually reduce its support for Chinese merchants, people familiar with the matter said. Chinese consumers can still buy Kindle readers and their online content, according to another person familiar with the matter.
Amazon China has yet to respond publicly. Previously, it was reported that Netease koala would merge Amazon's overseas purchase business in China, and the two sides might exchange shares. Some analysts believe that Amazon's exit from China is likely to mean that the project has made new progress.