Amazon Closes Their Chinese Domestic Marketplace
Is China trying to protect local businesses from international competition or does Amazon just suck at selling goods in China as Chinese critics claim?:
Amazon says it is curtailing business operations in China, the world’s biggest retail market, after struggling against better entrenched local players for more than a decade.
VOA News
The company announced recently that as of July 18, it will no longer provide services through its Chinese website, Amazon.cn. The decision means Amazon will stop selling goods from China-based vendors to domestic consumers on the portal. Although it is moving out of the e-retail business in China, Amazon will continue with its cross-border business, bringing foreign brands and goods to China, the company said.
“Their demand for high-quality, authentic goods from around the world continues to grow rapidly, and given our global presence, Amazon is well-positioned to serve them,” the company said.
The announcement has raised questions about the extremely thin presence of foreign companies in internet-related businesses in China, while Chinese companies like Alibaba create market space for themselves across the world.
You can read more at the link.
Thought everything on Amazon was made in China….
Let me know when they stop selling shit *for* China.
I remember way back in the day on eBay the community started asking for a search feature to omit results originating from countries you could check off in a list. eBay looked into it and wanted examples of how the community envisioned using this feature, of course overwhelmingly the community poured in examples of omitting China because it was all cheap shit. eBay took a quick look at how much they were making from China-based transactions, the idea was canned and never to be spoken of again. Anyone asking for it further on had their posts removed.
Smokes, it’s just not as with-it as another Tom Friedman column about a woke taxi-driver in Rutabegastan or East Brungaria commenting on how evil Trump is, how much damage capitalism has done, or how much safer their nation has become by killing Christians/adopting Islam/implementing Stalinism…