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Amazon admits defeat against Chinese e-commerce rivals like Alibaba and JD.com
Published on: 2019-05-06
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042Amazon is shutting down its Chinese domestic e-commerce business, it told sellers on Thursday. By July 18th, Amazon.cn will no longer be open to third-party sellers, meaning it won’t compete with the massive e-commerce giants of China, including Alibaba and JD.com. Amazon still plans to let Chinese customers shop at international versions of the site, including the company’s American, British, German, and Japanese marketplaces. Amazon says it’s reevaluating its fulfillment strategy in the country to meet those needs.

041Outside e-commerce, other tech companies have gone head-to-head with domestic rivals, all with a similar conclusion: Google versus Baidu; Facebook versus WeChat; Apple versus Huawei, Oppo, Vivo, and Xiaomi; and Uber versus Didi Chuxing, which is a rivalry that resulted in Uber selling its China business to its primary domestic competitor and effectively admitting defeat.040

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