Amazon to Pull Kindle Out of China

Reuters2022-06-02

SHANGHAI, June 2 (Reuters) - Amazon.com said that from Thursday it will stop supplying retailers in China with its Kindle e-readers and will shut its Kindle e-bookstore in the country next year, the in latest pullback by a U.S. tech firm from the restrictive Chinese market.

Amazon announced the decision on its official WeChat account on Thursday. It did not give a specific reason, but said it was adjusting the strategic focus of its operations and that its other business lines in China would continue.

The Kindle China e-bookstore will stop selling ebooks from June 30 next year, it said, though customers will be able to continue downloading any purchased books for a year beyond that.

It will also remove the Kindle app from Chinese app stores in 2024, it added.

"We remain committed to our customers in China. As a global business, we periodically evaluate our offerings and make adjustments, wherever we operate," a spokesperson for Amazon said in an emailed statement.

"With our portfolio of businesses in China, we will continue to innovate and invest where we can provide value to our customers." The spokesperson declined to provide further comment on the decision.

Amazon's remaining businesses in China include cross-border e-commerce, advertising and cloud services. It shut down its China online store in 2019.

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Comments

williamtay
2022-06-02
williamtay
Hi
chaicka
2022-06-02
chaicka
Perhaps it's time to shut Amazon out of Chinaand products from China, steering all China products to $Alibaba(09988)$and other e-commerce platforms to the world instead. Amazonand its sellers been benefiting tremendously from China products (selling at rip-off prices for same items). [Sly]
jannn
2022-06-02
jannn
[smile]