Home  Contact Us
  Follow Us On:
Advertising Advertising Free Newsletter Free E-Newsletter

Amazon halts sales of paper books in China, more businesses to close in near future
Published on: 2019-07-16
Share to
User Rating: / 0

040US e-commerce giant Amazon halted paper book sales on its self-operated channel as of Monday in China and will halt its services for third-party sellers starting from July 18.

Amazon's customer services said more businesses in the Chinese market will be shut down except for its cross-border e-commerce business and Amazon Web Services (AWS).

044"Over the past few years, we have been evolving our China online retail business to increasingly emphasize cross-border sales… To further address increasing customer demand for high-quality, authentic goods from around the world, we made operational adjustments in April 2019 on our domestic retail business in China, including paper books, to accelerate our cross-border business in China," Amazon said in a statement sent to the Global Times on Wednesday.

Some Chinese netizens expressed their regret about not being able to purchase paper books on Amazon any more.

041An online survey conducted by Fengchao Tech on Weibo on Wednesday showed that more than 53 percent of respondents said that the ending of paper book sales on Amazon would have no impact on their daily life since there are other platforms like JD.com and Tmall.com in China.

Amazon, the world's largest e-commerce business by revenue and market capitalization, notified third-party sellers that it will no longer operate a marketplace nor provide seller services on its Chinese website Amazon.cn from July 18, according to a statement that the company sent to the Global Times in April.

043At that time, Alibaba's taobao.com annual sales were only 1 billion yuan ($145 million) compared with Amazon's $7 billion, media reports said.

Meanwhile, Amazon's market share in China slid to 0.6 percent, according to data released last year by Analysys, an internet data analysis service provider.

Comments (0)Add Comment

Write comment

security code
Write the displayed characters

    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2020 BusinessTianjin.com. All rights reserved.