Amazon China to close local marketplace and place more focus on cross-border
TechCrunch Industry News · TechCrunch
April 18, 20194m 43s
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Show Notes
Amazon has finally given up the fight with Chinese online shopping giants to capture the domestic market. On Thursday, the Seattle-based ecommerce company announced it will shut down its marketplace on Amazon.cn, which connects mainland Chinese buyers and sellers, while other units of its local venture will stay intact.
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