SHANGHAI :
Amazon Confirms Shift in Focus Amid Reports It Will Close Chinese Web Store
Dou Shicong
DATE:  Apr 18 2019
/ SOURCE:  yicai

(Yicai Global) April 18 -- E-commerce titan Amazon has long-term plans for China and will continue to push forward its cross-border shopping, Kindle and cloud services in the country, it has said in response to a Reuters report that it would shut down its China web store.

Reuters said earlier today (Beijing time) that Amazon would shut its online China store by July 18 this year to focus on the more profitable businesses of selling foreign goods and cloud services.

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Keywords:   Amazon,Shut Down