Amazon to Pull Kindle Business Out of China Next Year

Dow Jones2022-06-02

Amazon.com said it plans to shut its Kindle business in China next year.

The online retailing and tech giant said in a statement emailed to Barron's that it will discontinue its Kindle e-book store in China on June 30, 2023.

Amazon (ticker: AMZN) said it would continue to support Kindle devices. Any downloaded content can be accessed after that date, the company said. It also will offer refunds to customers if they purchased a Kindle after Jan. 1, 2022.

A spokesperson from Amazon said the company periodically evaluates its offerings wherever it operates.

"We remain committed to our customers in China. As a global business, we periodically evaluate our offerings and make adjustments, wherever we operate. With our portfolio of businesses in China, we will continue to innovate and invest where we can provide value to our customers, including Amazon Global Selling, Amazon Global Store, Amazon Advertising, Amazon Global Logistics, Amazon Devices and Services Asia and Amazon Web Services," the spokesperson added.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Huatkor
2022-06-02
Huatkor
Tough decision
luckyjas
2022-06-02
luckyjas
No more china market pie
KLS
2022-06-02
KLS
Buy

Leave a comment

3

64

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2240286536?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-06-02 17:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2240286536","market":"us","top_or_hot":-1,"title":"Amazon to Pull Kindle Business Out of China Next Year","media":"Dow Jones","content":"<html><head></head><body><p>Amazon.com said it plans to shut its Kindle business in China next year.</p><p>The online retailing and tech giant said in a statement emailed to Barron&#39;s that it will discontinue its Kindle e-book store in China on June 30, 2023.</p><p>Amazon (ticker: AMZN) said it would continue to support Kindle devices. Any downloaded content can be accessed after that date, the company said. It also will offer refunds to customers if they purchased a Kindle after Jan. 1, 2022.</p><p>A spokesperson from Amazon said the company periodically evaluates its offerings wherever it operates.</p><p>&#34;We remain committed to our customers in China. As a global business, we periodically evaluate our offerings and make adjustments, wherever we operate. With our portfolio of businesses in China, we will continue to innovate and invest where we can provide value to our customers, including Amazon Global Selling, Amazon Global Store, Amazon Advertising, Amazon Global Logistics, Amazon Devices and Services Asia and Amazon Web Services,&#34; the spokesperson added.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon to Pull Kindle Business Out of China Next Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to Pull Kindle Business Out of China Next Year\n</h2>\n\n<h4 class=\"meta\">\n\n2022-06-02 17:49 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com said it plans to shut its Kindle business in China next year.The online retailing and tech giant said in a statement emailed to Barron's that it will discontinue its Kindle e-book store in ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"","article_id":"2240286536","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2240286536","pubTimestamp":1654163369,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Amazon.com said it plans to shut its Kindle business in China next year.The online retailing and tec","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"亚马逊明年将Kindle业务撤出中国","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1},"content_text":"Amazon.com said it plans to shut its Kindle business in China next year.The online retailing and tech giant said in a statement emailed to Barron's that it will discontinue its Kindle e-book store in China on June 30, 2023.Amazon (ticker: AMZN) said it would continue to support Kindle devices. Any downloaded content can be accessed after that date, the company said. It also will offer refunds to customers if they purchased a Kindle after Jan. 1, 2022.A spokesperson from Amazon said the company periodically evaluates its offerings wherever it operates.\"We remain committed to our customers in China. As a global business, we periodically evaluate our offerings and make adjustments, wherever we operate. With our portfolio of businesses in China, we will continue to innovate and invest where we can provide value to our customers, including Amazon Global Selling, Amazon Global Store, Amazon Advertising, Amazon Global Logistics, Amazon Devices and Services Asia and Amazon Web Services,\" the spokesperson added.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9050690225,"gmtCreate":1654178930167,"gmtModify":1676535407564,"author":{"id":"3581919183376534","authorId":"3581919183376534","name":"Huatkor","avatar":"https://static.tigerbbs.com/6f3897aace055b5fa9f58089c1e880d8","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Tough decision","listText":"Tough decision","text":"Tough decision","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050690225","repostId":2240286536,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050820109,"gmtCreate":1654172054601,"gmtModify":1676535406173,"author":{"id":"4115468783884772","authorId":"4115468783884772","name":"luckyjas","avatar":"https://community-static.tradeup.com/news/dc91b297d925936eaa948b4ab476265c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"No more china market pie","listText":"No more china market pie","text":"No more china market pie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050820109","repostId":2240286536,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9050861851,"gmtCreate":1654170561973,"gmtModify":1676535406028,"author":{"id":"3551655093075927","authorId":"3551655093075927","name":"KLS","avatar":"https://static.tigerbbs.com/60fe00969bbce4cfecf0d17a38c77628","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050861851","repostId":2240286536,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":64,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2240286536"}